MNB 3.45% 5.6¢ minbos resources limited

"At complete mercy of all imo even 3c-5c SP is still well...

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    "At complete mercy of all imo even 3c-5c SP is still well overbought territory going forward ( 3-6 months ) based on the ambiguous timelines and cash requirements"
    That sounds like a hghly exaggerated opinion from someone that is obsessed with replying to almost every one of my posts with multiple replies. Can't bear to leave any positive post unanswered Merch?
    Based on the very modest cash requirements remaining after the IDC loan and this cr - relative to NPV -and the fully diluted market cap relative to base case, after tax NPV, this is a bargain and definitely not overbought. Yes it could be sold down straight after a cr but that doesn't change the big upside going forward.
    Who wins after it gets sold down short term from something like a cr? Those that buy on the bargain price and sell later on the recovery. Who loses? Those that bought higher and sell the lows.
    You keep encouraging that when you amplify your downramping near the lows and go quiter on the rallies.
    The post cr low will be followed by IDC drawdown and a clear path to production resulting in a big rally. Some risk remains until that fundingis secured but that'swhythe sp is alreeady so low. A stock is overbought after big rallies and near highs, not near lows.
 
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