MNB minbos resources limited

Ann: Phosphate Fertilizer Project Update, page-148

  1. 12,940 Posts.
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    Getting finance comes at a COST!

    Finance is not free.

    The current management has cocked up the pathway to finance and their first attempt at securing a contractor falls into the same category.

    If a financial package is secured at a COST, the current track record suggests that the next steps will not be without substantial issues.

    The product performance in "field" trials is not even definitive.

    Investors have thrown substantial cash at this listing and the management execution of the "business model" is unsystematic and vague at best.

    Do "they the board/management) actually, know what is ahead. or are they gambling on the outcome just like the investors?
 
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