"again what are you on about, they did and then the results they received weren't great so given that, Covid and cash preservation they decided against, some here are saying they should drill the heck out of it, what if they did and got nothing and now no cash???"
You're presenting as facts what is nothing more than your own conclusions.
Show us where they announced to the market that the board concluded Newleyine was not worth drilling further. Remember 11 months ago, they announced they were planning more work. (How can any explorer drill four holes and throw in the towel?)
What you still don't get is management don't follow up with what they tell the market. Nor do they explain why. There's never been a single publicity video. The investor presentation is still pushing the virtues of a project they abandoned (Deflin). They haven't put up a social media message for long time.
The $12m cash raise was for Jimperding, so if they decided to walk away after four holes, they should have made it clear to the market.
You've been in MAN before Deflin (and Utah) so you invested on the merits of Berinka (when nothing was happening) and Newleyine was the focus. So don't delude yourself that you invested in a company that was anything but focused on these two projects. You also invested in a company when the board had no skin in the game.
So before you reply with the usual "lmao" and childish response telling us how we are bitter because we bought too high, or trawl through previous posts, how about you try and defend the board without the lame $12m raise?
(You still haven't told us about the $8k African jungle play that's been suspended since May 2022. How's that coming along?)
MAN Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
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