Ann: Capanda Green Ammonia Project Update, page-53

So now it's warnings of a sp of 10c for an 8c cr.
A few weeks ago it was warnings of a 5c cr from a sp in the 7c range and warnings of 3c.
A few weeks from now it might be a sp of 13c for an 11c cr, or it might be a sp of 16c for a 13c cr in a couple of months.

The company has reported that it had enough cash for 1.5 quarters which is 4.5 months. The company is likely to receive US$14mill from the IDC well before that 4.5 month period expires.
US$14mill is around A$21.5mill.

In other words, that poster can not know if there will be a cr;
If there is a cr, we can not know when there will be a cr;
and if there is a cr, we have no idea what price it might be at.

Despite all of the above, we were being "warned" not to buy at 7c because there might be a cr at 5c. We are still being told effectively to ignore the fundamentals and upside potential because of speculation of a cr for which the occurrence of it as well as the timing and price of it can only be speculated.
Some people like to speculate. Sometimes speculation pays off. Sometimes it doesn't. That's gambling.
Some of us here seem to prefer to invest. I.e. buy at what we consider a good price, add on the the corrections and wait for the likely upside.
In my experience, sometimes we get lucky with rapid results but generally, outside of bubbles or good luck, good Investment returns often take a few years and are well worth waiting for. In the small cap space those returns can be many multiples of upside if you pick the right stocks.

No one can deny, at least not with any credibility, that Minbos has held up much better than many other small caps during what has been a very savage small cap bear market. A bear market that has seen many small caps fall 80-95% from peaks. That bear market together with delays to date have kept the sp of MNB from performing as we would have liked or as expected.
However the advanced stages of the phosphate project, the progress to date on the green ammonia and the sp being near three year lows, together with what now might be one of the best times in decades to invest in small caps following the worst period for small caps since the GFC in 2008, makes me feel that the timing to hold or add to my holding in this stock has never been as good as it has been over recent weeks. I took a chance with catching the falling knife at 7.6 to 8c. I backed my research and I didn't panic when it fell to 7c. Now that the sp has put in a clear bottom and is trending up again is probably a safer time to buy for some investors because they are not taking the risk of buying into a down trend or trying to catch the falling knife. It might correct or it might continue higher first but at least the down trend is over.
The seven month downtrend ended two months ago and the sp is now trending up but is still well below recent highs, much closer to its base and very much below intrinsic value.
When would be a better time to buy if not after the end of the down trend? The last move saw the sp better than double in just two and a half months.
The IDC loan is likely to be approved in less than two months. The company has enough cash to get through to the IDC loan. Two and a half months might see the sp double again on the back of the IDC loan while one poster warns of a hypothetical cr at who knows what price.