MNB 1.89% 5.4¢ minbos resources limited

Ann: Minbos Investor Presentation - Angola Rising, page-494

  1. 20,601 Posts.
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    Don't dismiss the risks or negatives but also don't forget the value and upside.

    @chuk - could you please request that production early 2024 be removed from Angola rising presentation ( still there for potential investors to read ) - You were told that announcement was all fluff

    @chuk - Many here have realised that this will not end well and yet you still offer false hope

    All eggs in one basket at this end of ASX never ends well over long term

    Production in Q2 2025 is still a long shot

    They have no money and mid 2025 is a life time away and cash burn continues - more working capital after more working capital

    You were told last year - risks of buying before CR ( which you laughed at being required ) were extremely high

    This more than likely will get Smashed on opening and for rest of 2024

    IMO

 
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