MAN mandrake resources limited

Man Chart, page-14

  1. 2,989 Posts.
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    don't mind if it drifts, my buy order is in, but disagree on the price driver. Not to beat a dead horse but PGE prospectivity is next and that comes first from soil sampling, which is underway, not drilling.

    We now have a magnetic anomaly at Newleyine that could be a twin of the anomaly at Julimar, IF we have elevated PGEs in soil above it (to go with the elevated Cu/Ni), then I stand by my call, 10-20 million MC going into a drilling campaign. If no anomalous PGE in soil, I think we stay around the 2 cents level because people will still be curious as to what the drill may hit.

    If the drill hits what was hit at Julimar, we 10 bag from there to 200 million MC+, if it's a duster, we go to hell (back to 1.3c and re-focus on the gold)

    For me this one is a pretty well sign-posted, there are two plays, one for a 20 million MC and one for 200 million MC level, depending on your risk appetite.
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 1392328 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1036371 5
View Market Depth
Last trade - 16.21pm 23/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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