So a bit of a recap of key announcements from the year so far;
1. Thick Intersections of Lithium Pegmatite at Manindi 2022.03.21: SP 7.4c 2. Response to ASX Price Query 2022.04.04: SP 18c (this was when lithium was going feral just before the market took a massive dive) 3. Excellent Lithium Intersections from Manindi Pegmatites 2022.05.10: SP 14c 4. Spectacular Zinc Intersection & Sulphide Discovery - Manindi 2022.05.10: SP 8.8c 5. Thick Lithium Bearing Pegmatite Intersections at Manindi 2022.05.16: SP 8.5c 6. Exceptional 68m @ 3.09% Zinc Intersection at Manindi 2022.05.24: SP 9.5c 7. Multiple High-Grade Lithium Intersections from Manindi 2022.05.26 SP 9.2c 8. Director Appointment/Resignation - 3X & 3Z 2022.06.08: SP 6.2c 9. Substantial Vanadium Intersection with Ni-Cu-Co at Manindi 2022.06.09: SP 6.8c 10. Battery Minerals Diamond Drilling Commenced at Manindi 2022. 06.29: SP 5c 11. Exceptional Lithium Pegmatite Intersections at Manindi 2022.07.19: SP 4.8c 12. Bulk Graphite Concentrate Finalised for Battery Testing 2022.07.22: SP 5.2c 13. Battery Metals Projects Acquired on Discounted Terms 2022.08.17: SP 5.8c 14. High Grade Titanium-Vanadium-Fe Intersection at Manindi 2022.09.29: SP 4.2c
This years success came from a flurry of announcements tied to lithium exploration when markets were over stimulated before the major downfall. MLS did well to get attention during that time and Manindi has had a lot of news flow. For years there's been discussion about Lac Rainy, with scoping study, big flake quality and testing, but with 4+ months of waiting for test results (which happened at the end of July).
MLS Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
