MNB
Click for more information
1.85% 5.3¢ minbos resources limited

Ann: MoU with Foskor and Port Update, page-28

  1. Merchant2000
    20,849 Posts.
    lightbulb Created with Sketch. 873
    clock Created with Sketch.
    02/07/24
    12:50
    Post #: 74565956
    @BoxcarJoe

    Loan from IDC

    CR from shareholders

    Loans for construction and running costs

    Loans to pay interest and repay loans - that's what Angolan banks would be performing DD on ( balance sheet ) and current cash on hand balance

    Serviceability ?????

    All before construction is finalised and production commences and there are no guarantees construction will run onetime and on budget

    all before the 2025 growing season

    MNB would need to service all this debt and running costs with no revenues in short term etc
    IMO
    Last edited by Merchant2000: 02/07/24
    MNB Price at posting: 5.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Talking Australia's very competitive property landscape: Realty Talks
right-arrow Created with Sketch.
M2R Miramar sniffs 5.48% Cu, 54.4% Pb and 73.48g/t Ag at new WA prospect
right-arrow Created with Sketch.
ABY Adore Beauty FY24 revenues up 7.4% YoY to $196M
right-arrow Created with Sketch.
DMP Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe
right-arrow Created with Sketch.
1CG OneClick surpasses 150,000 registered users
right-arrow Created with Sketch.
SKC SkyCity to lose NZ$5M in 2025 over complaint closedown
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
(20min delay)
Last
5.3¢ 		Change
-0.001(1.85%) 		Mkt cap ! $46.56M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $19.22K 357.7K

Buyers (Bids)

No. Vol. Price($)
1 67074 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 60778 1
View Market Depth
Last trade - 15.31pm 19/07/2024 (20 minute delay) ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.