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MAN mandrake resources limited

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I agree, pointless having royalties on those wells as they’ll...

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Chris2184

12,064 Posts.

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29/07/23

09:35

Post #: 69051499
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Originally posted by jnene: ↑

tbh TT - this means zilch as we both know that they will never produce from the re- entry wells - they will need new production wells, so whatever smarty thought they’d b making 2% gross on revenue from a re-entry well us sadly mistaken
2% if nothing is nothing
man will never b paying this royalty imo

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I agree, pointless having royalties on those wells as they’ll never be producing.

If economically viable concentrations of lithium are ever found new production wells will need to be drilled.

MAN Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
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Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $11.29M

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1.8¢	1.8¢	1.7¢	$19.77K	1.099M

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Price($)	Vol.	No.
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0.019	153433	5
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I agree, pointless having royalties on those wells as they’ll...

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