MNB
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6.52% 4.3¢ minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-281

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  1. Merchant2000
    21,657 Posts.
    lightbulb Created with Sketch. 886
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    22/01/24
    12:56
    Post #: 71999318
    100% correctly @Protagonist

    Good news is always announced separately

    Should have gone done path of capital raise - even at initially lower price and dilution but would have avoided this sell off or uncertainty

    No production news

    No construction news

    No funding news


    Lindsay may have been naive to think he could pull off funding without shareholder dilution

    Now going forward - the company performance and adherence to timeframes and profitability has been tainted by investors and the market's loss of confidence imo

    Cheap and easy money is gone after 2023 events


    Last edited by Merchant2000: 22/01/24
    MNB Price at posting: 7.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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