MAN is an absolute cashbox , the envy of small cap explorers, $17M in the bank, no debt and a almost zero EV,, MC at near cash levels )which is quite something trading at these crazy low levels of 5 cents ! Most importantly is the fact MAN have the nearology play with CHN Julimar major discovery !
I think it could we be safe to say that MAN may well be resume drilling here very shortly, to really open up this field, because as we know, MAN have stated the previous drill holes contain distinct sulphides including chalcopyrite, and this demonstrates the potential of the Newleyine intrusion, being very similar to the openess of strike from CHN major Julimar discovery !
Given the recent 20 cent CR was heavily oversubscribed by funds and sophisticates, they have remained very quiet as the price of MAN dropped, I believe s genuine rerating is potentially on the cards here!
Good luck holders, and remember why you bought in !
Very interesting times ahead,
MAN is an absolute cashbox , the envy of small cap explorers,...
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