MAN mandrake resources limited

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2.2¢

Mandrake Resources Limited’s (ASX: MAN) (Mandrake or the...

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25/01/23

23:50

Post #: 65887774
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Originally posted by ScooterOz: ↑

Well it says 'continued organic development' during the quarter. So they've already been doing whatever that means. What could they have already been doing? I would guess they've been looking at Berinka with battery metal eyes and investigating that. Maybe they've been taking soil samples and analysing them for lithium and/or REEs?? It's not necessarily a bad thing. Maybe they want to spend the money on drilling for that???

'Project generative work' could be anything, including an acquisition... or just a change in focus to battery metals. We'll just have to wait and see. But the definition of organic development specifically says NOT an acquisition.

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Mandrake Resources Limited’s (ASX: MAN) (Mandrake or the Company) focus during the quarter ending 31 December 2022 was the continued organic development of project opportunities in the battery metals space."

read the words " project opportunities " " battery metals space"

acquisition clear as day imho

MAN Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.002(10.0%)		Mkt cap ! $13.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$112.5K	4.969M

Buyers (Bids)

No.	Vol.	Price($)
3	672163	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	695871	5

View Market Depth

No.	Vol.	Price($)
3	672163	0.022
4	1310000	0.021
4	1550000	0.020
3	1618282	0.019
4	2555555	0.018

Price($)	Vol.	No.
0.024	695871	5
0.025	929514	4
0.026	1100000	3
0.027	200000	1
0.028	550000	2

Last trade - 16.10pm 25/07/2025 (20 minute delay)

MAN (ASX) Chart

Mandrake Resources Limited’s (ASX: MAN) (Mandrake or the...

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