MAN RAS Lithium Nearology ?, page-29

Must be on a roll this morning and woke up with a bad attitude

To point out how ridiculous the share price is... Disregard any of the exploration and acquisitions for a moment

Cash $17 M
Accumulated losses $18 M, at a tax rate of 30% .... $6M

If Mandrake owned a wheel barrow and a cement mixer, the company is worth $23 M to someone who knew anything about anything.. current MC 19.3 M and that's not not including any exploration licences.... Any competent body who is serious about progressing this company could roll the current management and could do it with their visa cards