MAN mandrake resources limited

Solace13,I was refering to the SAAB first sentence, well the...

  1. 13,666 Posts.
    lightbulb Created with Sketch. 777
    Solace13,
    I was refering to the SAAB first sentence, well the whole jargoned mess, not one sentence together so i guess i will dismiss its post.

    For a start as shown below on 5th July MAN stated "Mandrake has notified Well Access Agreement (WAA) partner
    and oilfield owner Paradox Resources of its intent to re-enter and sample the B-912 and Big Indian Unit 1 (BIU-1) wells"
    That was 2 months ago.

    So yes i am expecting sample results any day now because i believe they will be pXRF, which give instant results as i understand it, and which many companies on the AX use these fr sampling results, i think especially for brines.

    So that combined to he small buy ups today may be on the money. Certainly MAN is dirt cheap compared to peer ASN at $200m MC ,
    MAN MC at the moment is a crazy low $22m , MAN could easily hit $100m MC very quickly on results.

    I love this bit from 24 July announcement
    "Review of 181km2 of 3D seismic and correlations from historic well logs at the 100%-owned Utah Lithium Project has revealed vast lateral continuity and significant thickness of formations hosting potentially Li-rich brines"


    https://hotcopper.com.au/data/attachments/5564/5564142-8afe5b4e3789c085e0f5da166cd14615.jpg


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $8.731K 485.0K

Buyers (Bids)

No. Vol. Price($)
3 861288 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1200000 1
View Market Depth
Last trade - 15.54pm 19/06/2025 (20 minute delay) ?
MAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.