MNB 4.76% 4.0¢ minbos resources limited

Ann: Final Design Complete for Cabinda Phosphate Fertilizer Plant, page-25

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  1. 14,360 Posts.
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    They did say quite a while back that the environmental studies had been held up due to covid preventing the consulting group getting into the country. Covid was an unavoidable delay on the first scheduled DFS delivery. That doesn't impact on credibility IMO.
    This second delay might be a matter of just a few days or several weeks. That would only be a small delay and again, IMO does not affect credibility. If someone is going to question credibility then it really should only be after a significant delay. Even then, the DFS is in the hands of a consultant group. If that group is the reason for a few days or weeks delay on what they advised the company then how does that affect the credibility of MNB directors? They can only advise the market based on what they are advised by the consultants.
 
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