Ann: Minbos signs IDC Facility Agreement, page-308

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dalry

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08/10/24

07:22

Post #: 76018979
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Originally posted by SeasofSand: ↑

I've been holding MNB for over 3 years, and by early next year, it will be 4. Over this time, MNB has missed multiple dead lines. Something that all of us here are all too familiar with.

We've reached the point now, where I feel, and I am sure many others do too, that if these SWF funds are not cleared and the Carrinho offtake not signed; it'll be hard to to justify holding MNB.

It's a project with great financials and a better social impact, and I want to see it come to fruition, like most of us here.

The latest announcement left doubt in my mind, which was worsened by the subsequent fall in the share price. I've tried calling the company, but it appears as though the phone is disconnected.

I know the SWF funds are still in play, but the lack of progress or insights as to why it's been delayed is unnerving.

It's a shame this message board has declined in quality with many great posters leaving and selling-up.

With that said, let me know your thoughts for the future. When do you think the SWF funds will be cleared, the offtake signed and cement poured?

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G'day SeasofSand and all

I agree with what you are saying,

my thinking is, it the offtake agreement not signed that is the holdup.
Carrinho must know that, so what is their hesitation signing the offtake agreement?.

as for our CEO and CFO not having a plan B, what are we paying them for?

MNB Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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