$10m @ 20 cents seems pretty good to me. The share price was there just 2 weeks ago, and last report said $4 million left and they've got drilling Jimmy's Hill and the the NT.
Yesterday's announcement confirmed drilling starting next Monday 14th, so we get one trading day before the drilling announcement, and you'd be a brave person to buy at 20 cents CR just to sell at (say) 22 cents on Friday for a 2 cent profit and then see the the price go to 35c on Monday. Its all good. If things go to plan we'll be seeing photos of sulphides in 200m of core by a week on Friday.
Its great timing to rattle the tin and have someone stick $10m in it, especially in a market a bit spooked by CPN / DEV and a bit by CHN.
MAN Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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