MAN mandrake resources limited

No idea It can't be far off But it is the Mines Department, a...

  1. phw
    611 Posts.
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    No idea
    It can't be far off
    But it is the Mines Department, a government organisation, so they are not known for rushing things?

    Getting the rigs to drill might be an issue as they are in hot demand at the moment with long wait times

    But I'd imagine they've got this semi pencilled in

    Then do you drill in the lead up to Xmas etc ... I suppose

    Anyway, it's a buy now and sit on them situation I think
    They'll run up in the lead up to drilling

    The 3c options always getting converted will keep a lid on things anyway
    But it puts cash in the bank and if the drilling ends up being a dud, at least the company will have a good cash backing so we won't lose all our money... ha
 
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