MNB minbos resources limited

Ann: Quarterly Activities Report and Appendix 4C, page-480

  1. 998 Posts.
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    Arrived in Beijing yesterday, the temperature has declined by 40 degrees since I started this trip, similar to a Minbos decline.
    I am told the temperature will hold steady now at around an overnight minus 5, same as Minbos at around 4.5 cents.
    If the current price holds a CR would be discounted to 3 cents which seems inevitable as there is no news.
    Its surely desperate times now, the vultures are circulating and it will be a wonderful project for the Angolan government however such a loss for shareholders.
    Management had a vision but failed to execute the plan.
    Just another small cap failure soon forgotten.
    The government gets it phosphate eventually and China gets the GA.
 
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