MNB

3.08%

6.7¢ minbos resources limited

Ann: Capanda Green Ammonia Project Update, page-35

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Merchant2000

21,019 Posts.

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13/02/24

14:44

Post #: 72382931
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Originally posted by chuk: ↑

I'm not interested in telling others whether they should buy or sell now or later or whether the sp might go lower or higher in coming days or weeks. Nor am I here to pump the stock or try to scare others into selling near lows.
One thing is clear though. The sp has bottomed and is now trending up again.
While the stock was trending lower, some investors were happy to wait. I chose to keep buying and bought a lot more around 7.6-8c.
For as long as it's now trending up, anyone waiting to buy is more likely than not to be paying more later. Buying any dips now would be the better strategy for as long as the trend continues up.

Based on average prices paid for this stock over the last three years, this is definitely not expensive right now, especially taking into account the progress made and how much closer the company now is to construction and production.
Don't look at opinions of HC poster's - look at the facts, the DFS and the charts for real data on where this has been and where it looks like it could go from here.
This is volatile and there will be corrections along the way but this looks cheap now on fundamentals and on the chart but importantly, it has started trending up again.

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66 trades on ASX for $148k = $2200 average

Retail mum and dad speculators and or traders

Smart money wont chase these type of announcements.

Huge resistance at 10.5-11c Why since this will dwarf all others lol

IMO

MNB Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 6.7¢		Change 0.002(3.08%)		Mkt cap ! $58.86M

Open	High	Low	Value	Volume
6.7¢	6.7¢	6.7¢	$14.82K	221.2K

Buyers (Bids)

No.	Vol.	Price($)
1	12250	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	12449	3

View Market Depth

No.	Vol.	Price($)
1	12250	0.065
2	30000	0.064
2	27700	0.063
3	220000	0.062
4	387052	0.061

Price($)	Vol.	No.
0.067	12449	3
0.068	100000	1
0.069	302397	3
0.071	258003	2
0.072	100000	1

Last trade - 15.39pm 02/08/2024 (20 minute delay)

MNB (ASX) Chart

Ann: Capanda Green Ammonia Project Update, page-35

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Capanda Green Ammonia Project Update, page-35

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

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Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News