MAN mandrake resources limited

Ann: Change of Director's Interest Notice - Allchurch, page-26

  1. 11,060 Posts.
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    Everyone has their say, as far as I am caoncerned this is the first step towards hopes and stability. The fact that JA is stumping $360,000 is a vote of confidence for the company, besides management will be rewarded for their efforts. With skin in the game, and now with performance shares there is too much at stakes for management not to succeed. The company now has another $360,000 adding to its coffers, now $17.5 million, enough for management to pursue a new project and at the same time catch up with the drilling.
    All we need now is management unfolding their plans so that we have something to look forward to. Telling us when drilling will commence on Newleyline and Tolerno will be a bonus and meanwhile if we are fortunate enough to acquire a good lithium project will be cream on top.
    With a market capitalisation of $20 million with the company holding $17.5;million in cash and less than 500 million in shares, the risk reward ratio is to shareholders advantage. If there is anything SB1 says is right, I agreed at the current share price, it looks great value here.
 
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(20min delay)
Last
2.2¢
Change
0.002(10.0%)
Mkt cap ! $13.79M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $112.5K 4.969M

Buyers (Bids)

No. Vol. Price($)
3 672163 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 695871 5
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MAN (ASX) Chart
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