Australia's largest stock trading and investment forum Australia's #1 stock forum

MNB

Click for more information

7.55%

4.9¢ minbos resources limited

Ann: Minbos Investor Presentation - Angola Rising, page-481

First 481 Last

Share
Profile

Follow
Protagonist

6,925 Posts.

1333

12/04/24

10:46

Post #: 73310728
Share

Originally posted by chuk: ↑

Have a look at LKE and NRZ as examples of companies that have had their sp smashed because it lokks like their projects will probably never be delivered. Sp's down more than 90% but no one expects those CEO's to not be paid. Should they have no pay at all because of their massive sp declines?
Lindsay's performance hasn't looked good recently but he has over recent years set the company up for big potential if he can finally get this funding over the line. I think the pay rises were likely approved when it looked like everything was going to recent plans. Things took a turn with the unfortunate timing of the approaches the company had, that led to the suspension of trading.
It's easy for shareholders to lose confidence in the GA when the phosphate has seen so many delays but if a JV partner enters the picture and provides expertise and funding, the market sentiment can turn on a dime.

Expand

"...but no one expects those CEO's to not be paid. Should they have no pay at all because of their massive sp declines?"

Thats a straw man arguement. I never said Lindsay shouldn't be paid. Only that his salary should be based on performance (broadly defined - achieving project milestones, securing finance, generating shareholder wealth).

MNB Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SRL

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

PL3

Patagonia looks to raise $2.15M for South American exploration and development

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

There are more pages in this discussion • 125 more messages in this thread...

First 481 Last

Add MNB (ASX) to my watchlist

(20min delay)
Last 4.9¢		Change -0.004(7.55%)		Mkt cap ! $43.05M

Open	High	Low	Value	Volume
5.0¢	5.1¢	4.8¢	$82.50K	1.680M

Buyers (Bids)

No.	Vol.	Price($)
2	20100	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	60000	1

View Market Depth

No.	Vol.	Price($)
2	20100	0.049
3	226272	0.048
1	125000	0.047
1	65235	0.046
1	150000	0.045

Price($)	Vol.	No.
0.050	60000	1
0.053	63575	2
0.055	41708	1
0.057	50979	2
0.060	472052	3

Last trade - 15.53pm 09/07/2024 (20 minute delay)

MNB (ASX) Chart