MAN 15.6% 3.7¢ mandrake resources limited

Sharebroker1 is rightly on the nose at the moment - legitimate...

  1. 45 Posts.
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    Sharebroker1 is rightly on the nose at the moment - legitimate investors can only tolerate bullshit for so long before it becomes a joke.

    The Annual Report did nothing to raise any sort of confidence that a decision regarding dd is imminent and its clear we are headed for another month of extension and from there it's probably dead in the water.

    I wonder at what point the suits concede this thing is a waste of time and resources?

    Seems like a no brainer to throw everything at berinka. Get more drills in there and drill the life out of it beyond the current underwhelming campaign of 1400 odd metres. There is plenty of money in the bank to facilitate it, it's a far less complicated operating environment than delfin and historical estimates suggest there is plenty of diverse , rich mineral worth pursuing.

    Nothing with MAN right now makes any sort of rational sense. Shareholders have spoken - it's time the suits pull their finger out, get proactive and steer this leaky ship in the right direction.
 
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