MNB 6.52% 4.3¢ minbos resources limited

Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-129

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  1. 538 Posts.
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    As time passed by, I start to realise it's not that simple chuk. Were it a close deal as you often believe it is, we wouldn't have had a very long time to secure funding like this. The debt term sheet was on the table 1 year ago, and after a year, we still have NOT got it yet. Developing small farmers market was given to IFDC for 3 years, and looks like their effort did not lead anywhere, and Carrinho became our last minute saver.

    Reading between the lines and the changes of events, it seems that it's not THAT EASY to sell like Mr Lindsay has been trying to convince us. But of course it's not easy to see that. It requires some very subtle reading between the lines.

    The timeline for PFS completion will be announced in coming weeks. Where the hell is it now after months?
    Last edited by riverflows: 21/07/23
 
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