MNB
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6.52% 4.3¢ minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-317

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  1. Merchant2000
    21,661 Posts.
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    23/01/24
    15:22
    Post #: 72024444
    @Carlton123

    $26M U.S funding required Current MC Under $60m well over 50% of current MC required in funding

    Yet we read about $900m MC and trading at 10x or year 6 cashflows - All pure fantasy imo

    Do the sums on dilution if a CR is required Surprised how this is still above 7c

    5 cents would be a huge premium imo

    @chuk
    Last edited by Merchant2000: 23/01/24
    MNB Price at posting: 7.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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4.3¢ 		Change
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