MNB 1.64% 6.0¢ minbos resources limited

Ann: Cabinda Phosphate Fertilizer Project Funding Update, page-250

  1. 542 Posts.
    lightbulb Created with Sketch. 59
    Ha ha they are waiting for news so they can add it to the quarterly, the news is not forthcoming.
    No funding yet, no signed offtakes, no construction.
    Maybe some clever accounting accruing all those costs from gallivanting around the world so the cash burn doesn’t look so bad.
    Increased salaries and exorbitant lifestyle expenses would not have been budgeted for.
    Another disappointing month for shareholders.

 
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.