MAN mandrake resources limited

Ann: Sulphides Intersected at Newleyine, page-190

  1. 1,133 Posts.
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    Does anyone know if MAN management has an agreement with S3 Consortium (aka Catalyst Hunter) to 'promote' the stock?
    I guess because of the CH business model there would be an agreement, but why would MAN think they even need to engage their services?

    The other thing on my mind - and I don't want @RobThomas to be any more salty than he is tonight - is on the issue of the recent 20c CR to raise $12m. If the institutional investors felt they were sold short by management, I don't think they would be keen to invest in the next CR (once burnt, twice shy). Which means the remaining money MAN has is in a sense, the last roll of the dice. Whether MAN stick to Newlyne, try their luck further north at Tolarno [South] or the NT gold prospect, they will need to hit pay day as I can't see them raising more money if they burn through the $15m odd that's left and don't deliver.
    Last edited by FD20: 15/07/21
 
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Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $1.938K 107.6K

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3 1074661 1.8¢
 

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Price($) Vol. No.
1.9¢ 2286371 7
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