MNB minbos resources limited

Ann: Cabinda Phosphate Finance and Sales Update, page-869

  1. 634 Posts.
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    Ah you just ignore the derampers they are both as "Daft as a brush".

    Most investors in mining comps are fully aware it takes 10+ years to go from an explorer to producer and this part of the cycle is only for the brave and patient.

    I've done it once before with a UK goldie explorer called Amara that was bought by PRU and I took there share offer and followed the Mine to full development, took many years, but my investment became a 100 bagger.

    Also been wiped out along with Black Rock who loaned / sunk millions building a tungsten mine, but due to spiralling energy costs and difficulty in separating the mineral from the ore body the brand new mine was mothballed and I had to bail before the mining company went bust.

    More than happy to wait here, as it feels like another Amara with a potential buyout or partner in the wings.
 
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