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1.89% 5.4¢ minbos resources limited

Ann: Minbos Investor Presentation - Angola Rising, page-341

  1. Merchant2000
    20,601 Posts.
    lightbulb Created with Sketch. 869
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    10/04/24
    16:13
    Post #: 73280717
    Mr Lamby

    Who knows - $6m is enough for running costs - staff and admin for 2 quarters so high risk for any investors to part with their capital without incentives above and beyond

    They are Technically insolvent before this CR imo

    Remember MNB have no money or very little left at this point in time for any costs going forward

    ASX pulled them up on under 2 quarters of cash !!!!!


    IMO
    Last edited by Merchant2000: 10/04/24
    MNB Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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