Thanks for your input kd. I posted last night to bring fwd a discussion that may allay my fears of any hostile corporate activities derailling mnb's future
success. None as yet but Im sure there will be ideas posted that offer a counter view that makes me believe our resource is safe. As for the performance of our mgt team over the past 5 years. I am impressed and happy with our progress despite big hurdles:
Covid pandemic
credit squeeze
Huge and protracted small cap bear market
difficulties in developing a project in Angola
I think Lindsay et al are doing a great job despite the challenges out of thier control. No, they are not a slick, large corporate team based in the shiny end of town but many great success stories have come to fruition
in a similar way. Mgt teams, and thier skill sets grow with the project. Happens frequently. Also, if this was based in WA with a slick BOD our power costs would be five-fold and capex >100 x,. No chance of a 50 cent valuation atm.
Like I said last night, Im keen to hear constructive thought around the risks of hostile corp actions. Who knows, I might be over thinking this matter. Time will tell
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Mkt cap ! $57.11M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 78153 | 6.5¢ |
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Price($) | Vol. | No. |
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4 | 62500 | 0.063 |
1 | 177259 | 0.062 |
1 | 164037 | 0.061 |
4 | 160357 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 40000 | 2 |
0.069 | 241507 | 3 |
0.071 | 72075 | 1 |
0.072 | 73500 | 2 |
0.073 | 418053 | 3 |
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