MAN mandrake resources limited
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MAN JORC Resource due in coming weeks -$16m MC to possible $100m MC plus, page-25

  1. Chris2184
    12,054 Posts.
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    06/10/24
    12:53
    Post #: 75997234
    Their highest recording was one test tube at 147ppm, the rest were well below that.

    They seem to have tested brine mixed with oil out of producing oil aquifers, the others they tested brine contained within enclosed wells not open to lithium bearing aquifers.

    https://hotcopper.com.au/data/attachments/6512/6512510-982628b6893713cacc4163014bf734fb.jpg


    It’s very ambiguous how they’re trying to define a resource without any swab testing of specific aquifers.
    Last edited by Chris2184: 06/10/24
    MAN Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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