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1.52% 6.5¢ minbos resources limited

Keeping 85% of the phosphate project with no money to pay for...

  1. Merchant2000
    21,399 Posts.
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    11/04/24
    13:39
    Post #: 73296567
    Keeping 85% of the phosphate project with no money to pay for any of it was already a far fetched dream imo

    Best the billionaire shareholder foot the bill and take up an equity

    At least shareholders can own something rather then being totally reliant on others for capital and loans etc

    mnb cannot afford the pressure of $40m loans

    Those with money will demand too much
    Last edited by Merchant2000: 11/04/24
    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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