On the other hand, Merchant has for some reason singled out...

I don't mind your posts and think they are generally valid gripes with regards to missed timelines. We have a relatively unproven leadership group and they have committed the sin of missing timelines. I definitely don't see your comments as down ramping and I feel like you do see the incredible potential with Minbos and are simply frustrated with the current price.
I agree that the company has let down loyal shareholders with the lack of info regarding finance delays and this has contributed to the shareprice performance.

On the other hand, Merchant has for some reason singled out Minbos as the worst performing small cap and launched a relentless attack on Minbos and anyone that speaks positively about Minbos. If he does a comparison with other small caps he would see that Minbos has performed better than its peers.
There is no doubt that Minbos has suffered in the selloff of that has plagued the small cap sector.
His comments with regards to small caps having difficulties in the current climate raising capital are true but by rights he should jump on a huge number of small caps and spread the same pearls of wisdom that he imparts here.
As for Minbos requiring the modest $26m to complete the phosphate plant, and this being a high percentage of the current market cap?, well that also demonstrates how Minbos could well be heavily undervalued. Maybe you are correct, the market cap should be a lot higher.

To say the company has achieved very little is very misleading. The company is very close to producing phosphate fertilizer with full support of the Angolan government. Is finance guaranteed? Ofcourse not....there are no guarantees in life particularly in Africa but I challenge Merchant to find a greater risk/reward investment.
The company has introduced two other significant projects that if successful would compliment each other and create a billion dollar company. Stamicarbon is a world-class leader in green ammonia plants and with the low electricity costs, it would be hard to imagine them concluding the project as unfeasible. The yellow phosphorus is another project that is a serious possibility of being realised in the future.

Essentially you are choosing not to invest because you don't believe favourable finance terms will be achieved. That's fair enough. I believe that non dilutive funding is a possibility and even if it's not, the upside for this company is significant when considering the risk reward.
I will be curious about your sentiment if finance is indeed achieved on favourable terms. Would it change? You may be right in the end that this is a bad investment but you may also be wrong. This is why it's called a speculative stock. I hope you're still around if indeed the company proves to be a success. Just because you seem right now, definitely does not mean you will be right in the long run.
i bought more yesterday despite your warnings and only time will tell if that was a wise decision. Either way, it's my decision and only I am responsible for that. Good luck to all.