MNB 1.79% 5.5¢ minbos resources limited

Ann: Minbos Investor Presentation - Angola Rising, page-381

  1. 480 Posts.
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    I usually err on the side of optimism with MNB, but shaping up to be a short term f@&king disaster for the SP, will get smashed on open if this is all true.
    Hard to fathom how we went from oversubscribed with no options and interest from a major player, to a small double dilution raise, for a couple of projects that tick a huge amount of boxes.
    A statement like "ongoing discussions with interested investors" won't cut it this time around when we come out of suspension, if we come out of suspension...
    3-6 months now for this to claw its way back to even current SP levels if all that has been confirmed here in the last few days is true!
    Last edited by MrLamby: 11/04/24
 
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