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In hard rock you would be correct, but with MAN these are...

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sharebroker1

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26/03/24

11:24

Post #: 73060034
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Originally posted by ForeverNewbie: ↑

Sorry but mining is the same across board, same goes for Uranium .
Please find me any company that has drilled the same grade for extended intervals then have found in rock chip samples.
It doesn't happen. If you honestly believe that rock chip samples are a true representation of what they'll find under the ground for a significant width.

Then you should do some more research.

But just so you're aware, if a 100m hole is drilled and it intersects a 3m interval of the "highest grade Uranium" that would a devastating announcement to the SP. Just because you have the highest grade of anything isn't financially viable unless there is still a resource large enough to mine.

Wish you the best mate but you really need to do some more research on how MREs are put together and rock samples vs drill core results.
Hope this pans out for you and I'll be watching to see when the drills go in but I'm just explaining why the market has given this a 3% green day.

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In hard rock you would be correct, but with MAN these are brines, so given there is such high grade Uranium and Lithium at surface,this will also leach much lower, so acty I am expecting higher grades lower below surface.

Also you are missing MAN extremely high cash balance vs the tiny MC
all the best
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