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Merchant2000

21,922 Posts.

899

28/08/24

11:33

Post #: 75411898
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Originally posted by chuk: ↑

"Claims of no CR was required late last year"

As I said before, I got that one wrong. I thought the IDC and the offtake would come through earlier. Getting something wrong is not upramping. Unlike you, I can admit when I'm wrong and unlike you, I don't claim a BS 100% track record.
What about your claim that the next cr would be below 5c when it turned out to be 8c?
Or the company was "at the mercy of all" and yet the SWF agreed to invest at a 25% premium to the market price.
Making emotionally charged statements like "at the mercy of all" and "massive dilution to come" - that is down ramping so stop pretending others are ramping when they are not and when you are by far the biggest ramper here.

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@chuk

Why does an Angolan bank need to perform DD when it comes with a govt guarantee ???

Loan should have been approved before Sovereign fund jumped in

Maybe bank thinks 2025 growing season is a foregone conclusion and lending for staff and admin for another 12 months with no revenues is a huge risk

Research Angolan banks low risk appetite now that interest rates are high and inflation at 31%

and dont forget to buy more at these bargain levels Not financial advice

Last edited by Merchant2000: 28/08/24

MNB Price at posting: 6.6¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $36.90M

Open	High	Low	Value	Volume
4.2¢	4.3¢	4.2¢	$17.41K	412.8K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	26067	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.041
7	556720	0.040
1	16000	0.039
2	195000	0.038
2	190411	0.037

Price($)	Vol.	No.
0.042	26067	1
0.043	142598	4
0.044	12500	1
0.045	90000	1
0.046	27111	2

Last trade - 14.27pm 06/11/2024 (20 minute delay)

MNB (ASX) Chart