MAN- 17.5 cash, 19mill mcap at these levels. - Directors have...

  1. 130 Posts.
    lightbulb Created with Sketch. 12
    MAN
    - 17.5 cash, 19mill mcap at these levels.
    - Directors have been buying on market over the years, I’m sure they would want to turn this around.

    Upcoming potential drivers of SP
    - Completion of due diligence of the Delfin Copper Project. It’s important to note that legal and technical due diligence has been completed/satisfactory, just awaiting on support from community
    - Markets have been reversing so hopefully buying pressure can come
    - Some of the copper strikes at the Delfin project are probably the best I’ve seen.


    86m @ 4.83% Cu from 121m (DD-4) including:- 27m @ 7.1% Cu from 134m; and- 3m @ 14.4% Cu from 164m▪ 89m @ 3.2% Cu from 122m (SD-89) ▪ 34m @ 3.01% Cu from 18m (SD-27) ▪ 69m @ 1.90% Cu from 44m (SD-49)

    Great risk to reward with EV almost being 0

    All comments IMHO
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.