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Ann: Minbos Investor Presentation - Angola Rising, page-513

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chuk

14,423 Posts.

4192

13/04/24

12:44

Post #: 73328560
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Originally posted by pedini89: ↑

All shareholders have the opportunity to vote. If we have a clear pathway to being fully financed and we don’t need those free options being exercised to raise additional funds, then I will be voting no on the options, and I would imagine anyone else who wasn’t issued options will do the same.

If the options get voted down, and this cap raise is only 6m (which is being suggested), then the dilution will be minimal (roughly 86m shares).

I see the best case scenario from here being a 6-7m raise, options voted down, obtain full financing, and production next year. If all that happens I’ll still be very happy.

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"I see the best case scenario from here being a 6-7m raise, options voted down, obtain full financing, and production next year. If all that happens I’ll still be very happy."

I couldn't agree more - and I'm participating in the cr.

MNB Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.003(7.50%)		Mkt cap ! $32.50M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.7¢	$40.56K	1.045M

Buyers (Bids)

No.	Vol.	Price($)
1	100000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.037
5	234220	0.036
5	294560	0.035
3	288260	0.034
2	193780	0.032

Price($)	Vol.	No.
0.040	10000	1
0.041	25000	1
0.042	70000	1
0.044	100000	1
0.045	90000	1

Last trade - 15.57pm 31/10/2024 (20 minute delay)

MNB (ASX) Chart