MAN mandrake resources limited

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Ann: Further Extension of DD Period- Renegotiation of Key Terms, page-62

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adam a

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26/08/22

09:58

Post #: 63336643
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Originally posted by BelterTrades ↑

Yes good value and especially for the downside to upside risk. Short term downside (around 50%) buffered by the cash backing, and short term upside (around 150%) if they manage to get the deal over the line and start drilling. I don't see access per se as the problem otherwise they would've already walked away from the deal. I'm speculating that access is no longer an issue because with love they have made the locals happy. I think they now need some protection under the deal to mitigate against the risk of the locals suddenly becoming unhappy (and needing more love to make them happy again). In other words, I think they want the vendor on the hook for some clawback (skin in the game so to speak) which I see more as prudent rather than a hindrance to the deal. What is inexcusable though, is leaving the market uninformed yesterday morning. You don't treat your shareholders and potential investors like that. You don't disrespect us. The company needs to lift its game in this regard. My preference is for that new CTM chap to be more influential.

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Lol
Shareholders and potential investors
Look after your mates and the brokers of which management is one lol
16 million in the bank the rest can go whistling Dixie
Management wages secured for a long long time ahead
Gltah

MAN Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $11.29M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$4.436K	246.4K

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No.	Vol.	Price($)
4	1115162	1.8¢

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Price($)	Vol.	No.
1.9¢	373333	2

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No.	Vol.	Price($)
4	1115162	0.018
3	1449902	0.017
5	1076268	0.016
1	33340	0.015
3	1070000	0.014

Price($)	Vol.	No.
0.019	333333	1
0.020	555499	3
0.021	751168	4
0.022	1015601	2
0.023	913465	3

Last trade - 15.59pm 20/06/2025 (20 minute delay)

MAN (ASX) Chart

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Ann: Further Extension of DD Period- Renegotiation of Key Terms, page-62

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