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6.1¢ minbos resources limited

MNB$0.095$0.003 (3.26%)With cash burn in latest 4C - why would...

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Merchant2000

21,461 Posts.

881

13/02/24

11:09

Post #: 72376727
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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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MNB
$0.095

$0.003 (3.26%)

With cash burn in latest 4C - why would one now pay a higher price before CR

Amateur day traders rushing with excitement - not sustainable on no substance news

After CR - dust will settle
Last edited by Merchant2000: 13/02/24

MNB Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 6.1¢		Change 0.000(0.00%)		Mkt cap ! $53.59M

Open	High	Low	Value	Volume
6.1¢	6.4¢	6.0¢	$25.58K	414.2K

Buyers (Bids)

No.	Vol.	Price($)
1	4410	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	302584	2

View Market Depth

No.	Vol.	Price($)
1	4410	0.061
2	36338	0.060
1	45000	0.058
3	36152	0.057
4	148000	0.055

Price($)	Vol.	No.
0.064	302584	2
0.065	300000	1
0.066	147540	1
0.067	24600	1
0.068	20000	1

Last trade - 11.54am 17/09/2024 (20 minute delay)

MNB (ASX) Chart