MAN mandrake resources limited

AGM - Questions and Answers, page-138

  1. 13,666 Posts.
    lightbulb Created with Sketch. 777
    hahaha in the end it is all opinion !

    I go on the $17M cash and no debt in bank which is unheard of for a small cap Exploration company trading at cash backing !
    As malay said, they are starting to get the drill in, and we should hear the announcement soon !

    The management earn bugger all really, especially after doing the deal of the century, bringing $16M into the company !
    As i said my correspondence with the company has left me feeling very positive to take a position at this cheap level for the future !

    I would also add, people selling tiny amounts of shares to push the price down as we see and have sen here, is from my experience a very very positive sign that the announcement will be made and a substantial re rate in the SP, hence the stupid market manipulation to accumulate !
    Merry Christmas
 
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