MAN - 17.2mill cash, 17.6mill mcap at these levels. Basically an EV of 0. - Directors have been buying on market over the years, I’m sure they would want to turn this around.
Upcoming potential drivers of SP - Completion of due diligence of the Delfin Copper Project. It’s important to note that legal and technical due diligence has been completed/satisfactory, just awaiting on support from community - Markets have been reversing so hopefully buying pressure can come - Some of the copper strikes at the Delfin project are probably the best I’ve seen.
86m @ 4.83% Cu from 121m (DD-4) including:- 27m @ 7.1% Cu from 134m; and- 3m @ 14.4% Cu from 164m▪ 89m @ 3.2% Cu from 122m (SD-89) ▪ 34m @ 3.01% Cu from 18m (SD-27) ▪ 69m @ 1.90% Cu from 44m (SD-49)
