MAN mandrake resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

  1. 13,762 Posts.
    lightbulb Created with Sketch. 778
    What a brilliant quarterly activities and cashflow report !

    $17.1m in cash ( 52 quarters of cash left ) ✓

    Drill results from NT Berinka pending ✓

    Rock chip samples pending ✓

    Active talks on new acquisition ✓

    This is the envy of small cap stocks across the ASX, most others are desperately trying to raise funds in depressed market conditions, and here we are MAN with a monster cashbox ✓

    This is good enough for me at this crazy level, no wonder Morning Star just recently updated MAN to undervalued with a 10 cent fair value !

    https://hotcopper.com.au/data/attachments/4757/4757680-c8bc900eb49185f10aef2a5f7396133d.jpg



 
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