It doesn't really matter anymore. The market has already priced...

It doesn't really matter anymore. The market has already priced in that Delfin is not going ahead. If there is an announcement that MAN has secured Delfin and it's all systems go without impediments, then SP could easily double from here. If there is an announcement that MAN has not secured Delfin and has decided to pull out of the deal, then I think you'll get a knee-jerk sell down to just under 4c (maybe a loss of around 10% from the current SP) but no more because cash-backing is around 3.2c and Jimbo will be pumping another $360k into MAN by November if he exercises his in-the-money 3c oppies. Risk reward at around the current SP of 4c is attractive. Don't forget, Berinka is currently being drilled for gold and copper but there is also lithium and uranium potential. The worst result would be another extension because we waste time and are kept in limbo. It would be better to walk away from Delfin (it doesnt cost us anything except for Jimbo's business trips lol!) and focus on picking up another top project (preferably in Brazil and preferably hard rock lithium (think LRS) - there are a few needing capital and maybe Roger has a few already in mind). The cash that MAN has and having Roger (that CTM chap) on board, is what makes MAN such a terrific speccie!