Yeah i joined back at the start of Sept, but only because i...

Yeah i joined back at the start of Sept, but only because i didn't know HC existed before then. This forum would have been useful to know what management was like before i bought in. And i only did that because they had 17m. I made the foolish mistake of expecting them to do something with it, like most of their holders.

But I haven't lost any money on any of my current investments, including this one. But why would I write something positive about MAN? They literally haven't progressed forward at all since i bought in. Yes, they have 17m, but they've had that for 6 months. How many other mining exploration companies don't spend any money for 6 months if they have it? I could get in here and say 'wow, 17m in cash, 20m MC, great management, look out 15 cents, best stock on the asx...' but we already have someone that blindly does that.

As someone previously mentioned, it's all about opportunity cost. I have money sitting here doing nothing when i see opportunities like Patriot at 67 cents a week or two ago.

Here's the wording from the last two quarters. Notice any difference between them? The current one doesn't quite so explicitly state anything about new projects.. instead they've replaced it with organic.

Sept qtr
'Assessment of New Projects

Mandrake has been extremely active in evaluating several new project opportunities as well as undertaking preliminary project generative work with a focus on the battery metals.

The Company will update the market with any material developments.'

Dec qtr
Assessment of New Opportunities
Mandrake Resources Limited’s (ASX: MAN) (Mandrake or the Company) focus during the quarter ending 31 December 2022 was the continued organic development of project opportunities in the battery metals space. The Company will update the market with anymaterial developments.