MAN mandrake resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-53

  1. 11,048 Posts.
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    You are spot on allatsea with your observations. Management has been frugal, conservative, cautious and most importantly careful with their approach.
    They have now over $17 millions in ammunition to do what they wanted. With only slightly over 500 million shares issued , when the shares are rerated i expect to look forward to a much improved share price more towards the 20c level which the shares were latest raised. Delfin looks to be an outstanding project with some proven drilling results. I am waiting for the due diligence to be completed and hopefully get a few more before that.
 
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