Just doing some DD on this company for my own research and have a few questions;
Where’s the JORC?
The company claimed it was due in Q3 which ended in September, no update since, is this cause for concern?
The author of this thread (who has since sold out) posted it was coming out in weeks, and that was over 2 months ago.
Maybe the hold up is they haven’t yet drilled?
MAN reports state they haven't drilled or completed sufficient sampling so I assume whatever resource they release can only be inferred category, therefore cannot be used in financial estimates until proven to at least indicated.
Not sure why MAN haven’t started the work-over sampling rigs yet, drillers were assigned over 12 months ago and BLM approvals were granted 8 moths ago.
Can any holders comment?
MAN JORC Resource due in coming weeks -$16m MC to possible $100m MC plus, page-9
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