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Ann: Capanda Green Ammonia Project Update, page-16

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Merchant2000

20,686 Posts.

871

13/02/24

11:06

Post #: 72376646
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Originally posted by chuk: ↑

I remember when the same person was telling us to wait for a cr before buying when the sp was in the 7c range. A cr to come at 5c apparently and then the sp to fall below 5c to as low as 3c
Last price now 10c.
Further news on the green ammonia such as agreements on partners and who they are plus the start of a PFS with a big name partner for the project could push the sp well above 10c.
IDC loan approval could push the sp up to 12-13c.
Confirmation of recent news of further capex reductions might also push the sp higher.
IF there is a cr, no one knows when it will be or what price it will be done at. Both the cr and the price if there is a cr is pure speculation.
Some of us are here for the investment, not to speculate.
One thing is looking very likely - if we do have another cr, it won't be 5c like one poster told us to wait for.

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@chuk

What is the hurry - sellers at 9.8c already

Plenty have paid from 17.5c to these levels over past 12 months or so

No FOMO here as Dilution is inevitable and price always falls below afterwards

Pumping going on now - so obvious

IMO

MNB Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Last 5.3¢		Change 0.002(3.92%)		Mkt cap ! $45.85M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
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Price($)	Vol.	No.
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1	8557	0.050
4	106490	0.049
2	214000	0.048
1	65235	0.046

Price($)	Vol.	No.
0.053	63575	2
0.054	17186	1
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