Re-read it carefully haha (reproduced below)! Jimbo is trolling us the way the announcement is drafted. What they say is that they are generating a list of battery metals projects and that they are at the advanced stage of due diligence on each of those. In other words, they are still in the process of shortlisting projects and nothing more! If there's anything more than this shortlisting, there will be an update. Remember, today's announcement says:
- "Mandrake at an advanced stage of project generative work focusing on battery metals. The market will be updated with any material developments"
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-45
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