MAN 0.00% 2.8¢ mandrake resources limited

Ann: Delfin Project - Extension of Due Diligence Period, page-11

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  1. 244 Posts.
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    nailed it. People commenting about how good it is and how people are accumulating might want to do some more research. The company hasn’t hit a deadline in years. What makes it worse is management also gave themselves a pay rise in the same period for achieving absolutely nothing. They have done nothing on other tenaments and yet still missed this deadline. They have used every excuse under the sun in the last couple of years. And for those thinking this is just a down ramp look at my previous posts, I was the most staunch defender of management for years.

    Management need to start actually doing what they are claiming to be doing, and in the timelines they set. There certainly was nothing comprehensive in the report. And for people to be talking about early production have either never seen an explorer through to mining, nor remember it took management 12 months to drill one hole.

    let’s hope this is the name maker for the company, but even if it is there certainly won’t be anything achieved in a great rush. Here’s hoping the record lows keep dropping at the same pace that the company is working… very slowly or not at all.

    DYOR opinion not advice
 
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