MAN 0.00% 3.2¢ mandrake resources limited

Ann: Termination of Delfin Project Terms Sheet, page-15

  1. 10,215 Posts.
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    Yes possibly thanks ASXcowboy, there are maybe 3 or 4 asx mining exploration companies with an EV of $0 - $1m as MAN is so it's really something to get value like this $17 million in cash no debt and a MC to match is unheard of !
    I am hoping they will get in the Australian Lithium and REE bandwagon !
    Lets see, we are in the last stages of drilling at Berinka, and looking at a acquisitions as we speak !

    This is the lows imho, I can see going through 5 cents into 6's pending announcements !

    Good on management for taking the hard responsibility to walk away as they said the risk presented in the end was not in shareholders interests! Sounds good to me !

 
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