M24 0.00% 1.2¢ mamba exploration limited

Mamba - Underappreciated and Undervalued, page-194

  1. 6,961 Posts.
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    Cash burn is slow because progress is very slow , fact is they do not seem up to speed . I am still holding but really has been a very disappointing stock to hold in terms of potential and really does emphasize how important diversification is and happy this is only a small part of my portfolio now. They have 4 Projects with updates to come , low SOI , low market cap .Look at the price of Gold , Nickel , Copper, Silver and area so close to $ 2.6 billion market cap CHN with Palladium Prices going Parabolic as well as Nickel and this is trading around all time lows and we are not talking about a market cap of $ 30 to $ 40 million the the market cap is around $ 9 million well funded with around $ 4 million, how on earth is it possible with commodities running so hard, it is unheard of . There is alot to like here but unfortunately this team have been far to slow to take advantage of this Golden chance and seem to be clueless that this is a listed company. It could change going forward but this M24 team have shown so far that they are absolutely hopeless at selling the story .
    Last edited by MajorJohnny: 06/03/22
 
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