MNB 3.77% 5.1¢ minbos resources limited

''clear, bullish triple bottom and now formed a new...

  1. 20,483 Posts.
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    ''clear, bullish triple bottom and now formed a new uptrend?''

    Are you a financial advisor for above

    You know that a pump is going on for survival and CR

    Not if funding terms are unfavourable or need to hit shareholders for construction and depends on amount of CR for running cost blowouts -cash burn

    Triple bottoms and uptrends are not personal guarantees

    @chuk They require over $10m for 2024 running costs alone - you keep reassuring little or no CR - even you know they now have 1.5 quarters of cash or less left as we approach March and are blowing cash at a alarming rate on other projects forward looking and staff and admin lol
    Last edited by Merchant2000: 13/02/24
 
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