MNB 1.56% 6.5¢ minbos resources limited

Ann: Notice of Annual General Meeting, page-173

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  1. 60 Posts.
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    At this stage of the project the management needs to provide a project update led by CFO but only when they can do so with high confidence and conviction on schedule of dates to critical path and sources of finance to completion of construction which will be the catalyst for this first project to come to fruition.
    Any update full of ambiguity and further uncertainty will only cause panic and possibly sell off from shareholders.
    Patience is hence required until management can do so but management need to be mindful of the tight deadlines established in the last management update. All the posts on HC seem to be very speculative with either a very positive or negative bias. Unfortunately when there is diminishing time line and uncertainty in the critical outcomes you end up with wildly diverging views. Some posters are overdoing their particular rhetoric however and that is annoying others. Some posters need to dial it down and let each investor make their buy or sell or hold decisions without so much repetition of the same unsubstantiated and speculative claims.
    IMO - Dyor
 
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