MAN mandrake resources limited

MAN's 142 sq km tenements will keep management busy especially...

  1. 11,060 Posts.
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    MAN's 142 sq km tenements will keep management busy especially they have $16.5 million funds to help them through it.Management will have to go through previous1978 drilling records to identify the exact location where the mineralisation was at.Previous surface rock sampling results have shown up presence of PGE'S . Management will have to determine how they will approach this. There must be a major source where this mineralisation come from on its tenements. Aeromagnetic surveys have shown up conductors most likely with massive sulphides. Management will have to find out the contents of the mineralisation. Evidenced of mineralisation similar to Julimar will likely replicate the rise in the share price too. Shareholders that bought in at the SPP will not consider their 20c high if management located massive nickel sulphides or PGE'S on its tenements. I have faith in MAN's management to find the sweet spot. Shareholders need to be patient for management to go through their plan systematically.
    There is also Tolerno north and south where there is a conductor, management may want to know the contents in the conductors.There is plenty for management to go on, it is not a stab in the dark. Allchurch will have hands full on.
 
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(20min delay)
Last
2.2¢
Change
0.002(10.0%)
Mkt cap ! $13.79M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $112.5K 4.969M

Buyers (Bids)

No. Vol. Price($)
3 672163 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 695871 5
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MAN (ASX) Chart
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