The issue has never been about the big picture, potential profits, etc. The NPV of the phosphate or the huge potential of the GA have never been a topic of debate. It has been about whether we will get there, given the management that we have. If MNB were being led by first class management in this resources industry, I might even go all in. Time after time, especially the latest debacle, has shown that they are very bad at managing a project, from design stage to raising finance stage. This is no longer an opinion.
The doubt here is whether this third rate team can lead the GA project to victory, when that project is exponentially more complicated and requiring exponentially more funding. Even a project supposedly as simple as this phosphate (I am no expert but many people here in this forum spoke about it) has been terribly managed, what are the chances they have what it takes for GA?
- Forums
- ASX - By Stock
- MNB
- Ann: US$14m Loan Facility Approved & Firm Bids for Placement
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-155
-
-
- There are more pages in this discussion • 664 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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($) | Vol. | No. |
---|---|---|
7.2¢ | 108759 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.069 |
2 | 36457 | 0.068 |
2 | 27692 | 0.066 |
5 | 138000 | 0.065 |
3 | 72000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 108759 | 2 |
0.073 | 326188 | 1 |
0.074 | 185772 | 3 |
0.075 | 262000 | 2 |
0.077 | 84341 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
MNB (ASX) Chart |