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1.41% 7.2¢ minbos resources limited

Wont be long before entire $5m from CR is burnt on running costs...

  1. Merchant2000
    21,159 Posts.
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    11/06/24
    13:31
    Post #: 74258828
    Wont be long before entire $5m from CR is burnt on running costs

    Working capital required and construction costs CAPEX imo well under expectation outcomes

    Good luck with banks lending when they have no idea of when construction will be finished and costs

    Whats the point in off take agreements when production was initially expected in 2023 then 2024 and now maybe 2025 ??



    IMO

    MNB Price at posting: 5.8¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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