MNB 1.92% 5.3¢ minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-260

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  1. 14,450 Posts.
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    That timeline that someone previously posted, was from the IDC website (I believe) and it was a guide on the average time. How much can that time vary by for projects that can take less or more than the average time?
    In our case, being an Australian company operating in Angola, is it possible that the IDC might wait on an MOU being agreed and signed between Minbos and at least one buyer in South Africa? Maybe not but while it would be good if that loan is completed imminently, I don't think anyone should expect that it will be finished right on the average length of time given as a guideline by the IDC.
    We might infact receive news on funding from one of the other sources being pursued by the company before the IDC loan is finalised.

    Last edited by chuk: 21/01/24
 
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