MNB 1.61% 6.1¢ minbos resources limited

Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-192

  1. 748 Posts.
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    "If the delays had been communicated in advance with transparency, this sideway movement of sp could have been predicted'

    Lindsay has given us 5 months advanced notice of the delay. He has even had the courtesy to let us know before it is formally announced in the quarterly. If Lindsay told us about this delay when production was expected to start in November, when he was aware of it in July then your persistent ranting might be justified. But the man has given us notice 5 months early and probably not long after he was sure it would be delayed. If any company was made aware of a possible delay, before announcing the delay to shareholders they would explore all options to see if things could be accelerated and time made up to mitigate or avoid the delay. Once they are satisfied a delay is unavoidable then they would announce it.

    but if you find a better company with just as much upside, 6 to 9 months from production to move your money into, let us know.
    Last edited by HongFang: 29/07/23
 
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