re-entry into the wells to test lithum values through the clastic zones
bulk testwork using DLE tech partner on site using bulk brine samples
funding for demo plant
release of PFS or economic assessment
currently NONE of those are in play, they are not currently entering wells and there is no timeline to begin that, the DLE partner has announced lab test results which predictably resulted in no SP movement because who cares, a demo plant is 'planned' but beyond sayings its planned there has been no movement reported in that, LKE demo plant cost tens of millions of dollars, MAN have 15m and electrolith have less than $1.5m, without drilling to prove the lithium values there is no chance for a PFS or economic assessment as the exploration target is historical and theoretical, that's why the target low and high are 4MT different.
things that wont move the SP
individual holder sentiment
incessant posting on online forums
making outrageous SP predictions based in nothing but guesswork
MAN will be around the same SP all year and based on last quarter they only spent 300k on exploration and evaluation, can you really expect that much? there is such a thing are spending too little money and MAN obviously cant do alot right now, hence there is nothing to report, you have to spend money to make money and MAN are making small advancements but there is NOTHING in the pipeline which will send this above 6c, let alone double that in 6 months
MAN Price at posting:
3.2¢ Sentiment: Buy Disclosure: Not Held
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