MNB 1.41% 7.2¢ minbos resources limited

Recommendation, page-999

  1. 526 Posts.
    lightbulb Created with Sketch. 19
    I actually appreciate your views. As a NI follower, I have found their articles both extremely insightful and extremely bullspit. You do have to sift and read in between the lines to understand the true value. That is their value. And just like how you are providing points with your posts, we also have to sift through and read in between the lines to form our own judgement.

    What the mnb company has said and done over the last few years are two vastly different things and I appreciate you bringing them to light so we can have a balanced view.

    But looking at progress now: buyin from sovereign fund? Amazing! Lets dive a little deeper -
    US$10mil investment at 8c per share? Above value of our current SP, so a good start. If anyone assumes that it means we'll be valued at 8c then some back-of-the-napkin maths means that approximately 187mil shares to be issued will mean around a 25% of share holder dilution. So the fact that we're trading at 7c or less is still decent, especially since we are now partially derisked into production.
 
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
(20min delay)
Last
7.2¢
Change
0.001(1.41%)
Mkt cap ! $63.26M
Open High Low Value Volume
7.1¢ 7.2¢ 6.8¢ $35.24K 505.1K

Buyers (Bids)

No. Vol. Price($)
1 20000 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 108759 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.