Listening to all the negativity, can anyone answer these? Besides Bendigo Trading arms under Jim Financial first bought in at a venture low entry price, BNP Paribas under 4 Different divisions occupied 4 of the top 20 shareholders at recent SPP, inclusive of the joint top holder. Citinominees occupied one of the positions. These institutions were sold, not at the current low price, but at 20c. These people must be sold so convincing to come in as shareholders. Allchurch was so confident to pat himself on the back to give himself a pay rise. The 1978 drilling results indicated traces of nickel sulphides. Has drilling been carried out. In the same locality? PGE 's minerals were found in surface of the tenements, do we ignore these findings at all ? Recent drilling results, although did not show vast mineralisation, are indications they come from a mainbody. We have to find it. Do we ignore all these findings or do we look further into these promising evidences? Allchurch has already done his best in the capital raising . There won't be a second chance for him if nothing comes out of it. Management has enough due diligence for about 18 months before formally acquired the tenements. If they didn't think it is a goer, they could have pulled out any time. Management of institutions having put so much may still want a return for their money. There is a probability that management may find the project profitable.
MAN Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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