Interesting to see RF buy two parcels on market weeks apart. Why wouldnt he MAN are sitting on a massive $15m cash, no debt and a JORC Resource pending.
Management know they are very close to releasing an inferred JORC Resource and they know intricately the current situation of their other copper gold uranium projects.
Given the director buying quietly here on market, i am expecting a flurry of news activity shortly on all projects, including the highly anticipated pending JORC Resource.
Clearly now GLN have sold , the selling pressure is all gone, so i have a first target of 3.3 cents, then 3.9 and 4.5 cents pending news. Watching with interest it appears MAN are the only company in the sector now that are sitting on huge cash and are financially sound, the rest are falling by the wayside.
MAN Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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