MAN mandrake resources limited

Ann: Annual Report to shareholders, page-13

  1. 11,042 Posts.
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    I cannot blame FD for being frustrated with the current management especially when shareholders paid premium prices for their shares. Management has shown nothing to date. NEWLEYLINE needs updating on the next drilling program. Delfin is a write off after spending several months doing due diligence, incurring expenses and leading shareholders to believe that we have acquired the project.
    Now, we have drilled Berinka Creek and forwarded the work to the labs. Do we wait till the AGM to know the results in the annual reports or do we get them on receipt by management?
    During the week, shares like KRM, HMX similar size to MAN have risen 15%, whilst MAN has not moved and still below the 4c mark. Shareholders here have nothing else to look forward to, no mention on rees or lithium despite
    the resource has been discovered next door to our tenements. Managing shareholders expectations is important in the current role of a CEO , surely it is not too much for management to give an update on their plans, their progress and their hopes to achieve for next year, at least. If you have any contacts with management, I hope you can passed on our concerns to management.
 
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Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.29M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $4.436K 246.4K

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4 1115162 1.8¢
 

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Price($) Vol. No.
1.9¢ 373333 2
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