MNB 7.50% 4.3¢ minbos resources limited

Recommendation, page-1167

  1. 21,918 Posts.
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    @chuk


    Time to take up to reality

    So many lies , falsehoods, sugarcoating and fabrications from the paid up rampers here since 2023

    Very factual to a large extent - read disclaimers etc

    Govt has been last resort lending equity after all talks failed

    Without the govt equity - insolvency was in the picture or a large CR at all time lows

    Govt has decrees and quotas and Angolan banks are asked to lend at well below rates with govt guarantees

    Govt control fees and licenses etc

    No offtake - meant for coming days since early July

    Banks DD clearly is more detailed than govt - as loans cant be repaid if 2025 growing season is missed




 
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