The horse would be the project and Allchurch the jockey. If the jockey is not good enough, the owners can always changed the jockey. Most important is that we have a good project and Delfin looks to be an excellent one. With modern techniques and the rising price of copper with electric vehicles coming on, copper is very much in demand. In Delfin , MAN has acquired the right commodity, in the right place (Chile is renowned for copper and lithium) and the right time.With $16 millions in cash, this is the year, MAN will go all out in its drilling programme for both Delfin and Newleyline without any issues.
If there is a company that I would like to have shares in, it is MAN at this level. MAN has already seen the bottom and it
apears that we are on the the way up and looks like the risk is more upside as the share price is already close to cash box value.
We are also lucky to have a new NED in Fitzhardinge who has great experience in this particular field of work. His acquisition of MAN shares makes his personal interest in alignment with shareholders interest. He has skin in the game and if he doesn't think that the project is worth it, he wouldn't have risk his own money. I am happy to be holding mine tightly and will be acquiring more when I have some extra money.
(20min delay)