MNB 1.89% 5.4¢ minbos resources limited

Ann: DFS Delivers Compelling Economics for Cabinda Project, page-277

  1. 19,976 Posts.
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    I had my doubts about Lindsay in the beginning and remember I gave MNB until March this year. I think it spiked to around 17c in March and then it was all downhill after that. From memory my average sell was around .135c/.14c
    I guess everything that could go wrong did, delays, Angola delays, changing strategy, #1 holder putting pressure on the shareprice, terrible CR timing and now a late DFS which the market thinks is underwhelming. So many MOU's and nothing inked yet.

    DOW up 1,500pts over the past 3 sessions and MNB is stuffed short term, no other way to describe it.
    I'm possibly looking for a re-entry, will see how this plays out over the next 3 months.
 
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