MNB 4.76% 4.0¢ minbos resources limited

Ann: Minbos Investor Presentation - Angola Rising, page-478

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  1. 14,356 Posts.
    lightbulb Created with Sketch. 4164
    "30c - dreaming"

    That's similar to what I was told with A4N which was my previous largest investment prior to MNB.
    They are four years behind even getting their offtakes ahead of funding, have a pilot plant that can only make minimal profit but has reached a market cap of a billion dollars well ahead of my expectation that they would only reach that after being fully funded and maybe a year from full commercial production. Markets can be very unpredictable and not all small stocks fail like you seem to think.
    You could have laughed at me when A4N got smashed to 9c four years ago but I bought more on that low and I didn't have to wait long to profit.

    It's easy to boast on sp lows but it doesn't mean you are right about the longer term.

    https://hotcopper.com.au/data/attachments/6096/6096904-b1e793ff7f507f86853b579d89df2777.jpg



 
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