MAN 3.70% 2.6¢ mandrake resources limited

Actually I was wrong , total expense for first 6 months were...

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  1. 5,631 Posts.
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    Actually I was wrong , total expense for first 6 months were $1.886M . However those expenses are offset by roughly $300K in bank interest ( nice ) so let’s say net $3M expenses for the 2024 financial year ( including exploration ) and the bank balance will be around $13.5M going into the 2025 FY. Still a nice little buffer from the vagaries of a CR and plenty of cash to scale up if required . Still a good bet.
 
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