"...Mandrake secured two agreements with Atacamoz for an extension to the Terms Sheet due diligence period, taking the due diligence period end date to 24 September 2022. Due diligence work has progressed, with no decision however at the date of this report".
So there was no decision on Delfin as of yesterday the 23rd of September. The deadline is today (the 24th of September).
If you consider the date of the annual report and the date of the due diligence period ending, then clearly it's virtually impossible to reach an agreement in the few days that they have available. It'll likely be another extension.
My question is for the likes of @sharebroker1 is how many more extensions is MAN management allowed before he finally stops worshipping the ground Jimmy walks on?
For other investors sick of sharebroker1 keep mentioning the 20cent raise, just remember it was to fund a proper drilling programme at Newleyine. All Jimmy has done is thrown in the towel after four holes and looked elsewhere. If you were an investor of the raise wouldn't you be a tad put off that the money intended for Newleyine is now being used for a different purpose?
MAN Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)