MAN mandrake resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-131

  1. 1,133 Posts.
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    So our resident gun investor and MAN prophet SB1 has raised the white flag on his $8k African jungle investment.

    According to SB1 it came down to the mistake of simply investing in Africa.

    What about a management team with a well articulated plan? (Our investor presentation is fit for a museum)

    What about a level of communication with shareholders? (Still waiting for answers to my questions sent to the AGM…)

    What about a decent amount of skin in the game?

    While I feel fro SB1 having $17m in the bank require a hell of lot more to bring investor value.

    Maybe in the years ahead SB1 will be writing off his pension invested in MAN.



 
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