MNB 1.89% 5.4¢ minbos resources limited

Ann: Notice of Annual General Meeting, page-156

  1. 20,601 Posts.
    lightbulb Created with Sketch. 869
    `Only a few months ago - they advised shareholders that production was to commence early 2024

    Some even stated a Cr was not forthcoming or required and production profits will flow in from mid 2024 and rainy season stockpiles etc

    How some still believe everything they say and try to discredit others is astonishing

    Every red flag is seen as a positive here - performance shares and renumeration packages and cash burn and the 7c Cr with options and Jayson pulling out of Cr and missed deadlines after missed deadline and advanced funding discussions and Angolan banks quotas and construction contractor debacle and a sub 6c SP and so many more red flags

    Soon we will start seeing profit projections based on 2026 production and so on from our resident expert top 20 holder and maybe even see an upgrade of the 27c SP projection


    @chuk
    IMO
    Last edited by Merchant2000: 13/05/24
 
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