MAN mandrake resources limited

Superior oil Li results are unreliable as in those days most...

  1. 11,201 Posts.
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    Superior oil Li results are unreliable as in those days most samples recorded would be for precipitated brine, probably closer to 34ppm before evaporation, Anson has never recorded a lithium grade anywhere near as high as those who logged Li recorded results from 50 years of more ago.
    But what it does show is that there is some lithium in the brine.
    I personally find the mention of lithium with the word brine in current announcements as not very professional before modern drilling and testing has been completed.
    I will wait for this to fizzle out over the coming months and get in at around 3 cents a share for a trade punt.
 
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