Thanks for your input kd. I posted last night to bring fwd a discussion that may allay my fears of any hostile corporate activities derailling mnb's future
success. None as yet but Im sure there will be ideas posted that offer a counter view that makes me believe our resource is safe. As for the performance of our mgt team over the past 5 years. I am impressed and happy with our progress despite big hurdles:
Covid pandemic
credit squeeze
Huge and protracted small cap bear market
difficulties in developing a project in Angola
I think Lindsay et al are doing a great job despite the challenges out of thier control. No, they are not a slick, large corporate team based in the shiny end of town but many great success stories have come to fruition
in a similar way. Mgt teams, and thier skill sets grow with the project. Happens frequently. Also, if this was based in WA with a slick BOD our power costs would be five-fold and capex >100 x,. No chance of a 50 cent valuation atm.
Like I said last night, Im keen to hear constructive thought around the risks of hostile corp actions. Who knows, I might be over thinking this matter. Time will tell
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5.1¢ |
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Mkt cap ! $44.12M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.0¢ | $31.55K | 599.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 169000 | 5.1¢ |
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Price($) | Vol. | No. |
---|---|---|
5.3¢ | 85488 | 3 |
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No. | Vol. | Price($) |
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2 | 169000 | 0.051 |
6 | 280474 | 0.050 |
2 | 74817 | 0.049 |
1 | 110 | 0.048 |
1 | 150000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 66500 | 2 |
0.054 | 100000 | 1 |
0.055 | 85219 | 2 |
0.056 | 121119 | 3 |
0.057 | 12500 | 1 |
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