MAN's weekly chart shows an initial target of 8.5, a major resistance. The next one is 14c. AGM in November and drilling to commence on a plan schedule. Shareholders have plenty to look forward to as management has not abandoned Newleyline but become more forecast trying to replicate Julimar. Newleyline is in the same Jimperdig region, with mafic and ultramafic surface mineralisation similar to that of Julimar. Previous surface rock sampling has shown evidence of existence PGE's on the tenements. The drilling campaign is well funded with management having $16.5 million cash to help it along There is no need for a capital raising. Buying interest has been building up steadily for the shares in the last few weeks.
MAN Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
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