M24 0.00% 0.9¢ mamba exploration limited

Mamba - Underappreciated and Undervalued, page-7

  1. 2,083 Posts.
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    I agree lots to like:
    - $7.1m cash means no raise needed like CUL today
    - 13 significant EM conductors over 3 tenements means the ground may not be large but is quality (see CVV today for other side of the conductor coin)
    - A lot of the conductors have corresponding synergy with the magnetics just need some ground work (rock chips etc..) to complete the puzzle (although look at LTR and MAN for clues)
    - Conductor Interpretation, modelling and target prioritisation to be completed this month.
    - More ground pegged
    - Leverage to gold with drilling of Calyerup Creek due
    - Low EV in comparison to other Julimar plays
    - Pro-active Management getting on with things
    - 100% owned
 
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