MNB 6.52% 4.3¢ minbos resources limited

Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-151

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  1. 538 Posts.
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    First production: H2 2022 (announced circa Jun 2022)
    First production: H2 2023 (announced circa Jan 2023)
    First production: early next year (not even announced publicly but via an interview)

    And some of us believe that delays have no significant impact on sp.

    With this stock, markets are sick of hearing about timelines even when they do sound imminent, and just want to see proof of real money coming in, not fluff. I think the real catalyst to wait for that will have a real and sustained impact on sp will be funding and how favorable/unfavorable the terms will be. It will be a very solid proof of both Lindsay's credibility (predominantly non-dilutive) which is now a little bit low, but more importantly, the project's desirability (it CANNOT be a very good project but attract shitty funding terms - either something wrong with management selling SHs out and/or it is not what it is claimed to be).
 
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