MNB 1.61% 6.1¢ minbos resources limited

Ann: Positive Field Trial Results to Underpin Offtake Agreements, page-14

  1. 13,851 Posts.
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    Na, more like waiting for TVN to build their project. I think it's somewhere between 12-15 years since their DFS and around 6-8 years ago they were still telling shareholders how they were at the "pointy end". Probably still doing so! Or TTM promising a JORC resource back in 2020 by the end of the year and only recently delivering it in 2023. Now shareholders there need to wait another how many more years for a scoping study, resource expansion, FS, funding etc. - if the project will even be economic that is.
    MNB has taken longer than what was guided but at least they are making solid progress, delivered a compelling DFS, completing milestones, creating other opportunities to add further value and I think all within a reasonable time frame considering a significant part of that time frame included the covid period with associated travel restrictions and lock downs. At least most of our delays have been measured in weeks and months, not years.
 
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