So at 1.6 cents, the company is valued at $4.2 million.
The company has $4.2 million cash on hand.
Stating the obvious, I know.
The company is on site at the Berinka Pine Creek Gold Project.
Limited historical drilling at the project has identified gold
mineralisation that remains open, with best intersections including:
4m @ 6.6g/t from 32m
6m @ 3.8g/t from 18m
5m @ 2.6g/t from 30m
News confirming these drill results is on the way.
Kirkland Lake Gold recently announced they are restarting their Pine Creek operation, which will inevitably attract more explorers to the area.
I reckon the company is also looking carefully at other gold opportunities in some of the current hot spots.
MAN will not need a ramp. Use this time as a buying opportunity before the market catches on.
The next big mover?
Add MAN (ASX) to my watchlist
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Last
4.1¢ |
Change
0.004(10.8%) |
Mkt cap ! $25.28M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.2¢ | 3.7¢ | $239.2K | 5.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 352566 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 384719 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
0.004 ( 13.9 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 4.2¢ | 3.7¢ | 1955783 | ||
| Last updated 15.47pm 07/05/2024 ? | |||||
| MAN (ASX) Chart |