MNB 9.84% 6.7¢ minbos resources limited

@chukDo you seriously think at this point in time - with current...

  1. 20,939 Posts.
    lightbulb Created with Sketch. 875
    @chuk

    Do you seriously think at this point in time - with current cash burn, current MC and the $26M US dollars funding required for construction that this is a going concern ?

    Dilution destroys shareholder wealth

    Good luck with being happy on $5m for Staff admin and Corporate costs for 9 months

    Do your calculations on much more dilution and that's before any details and or terms of funding are released

    The balance sheet is the key fundamental and cash is king


    IMO




    Last edited by Merchant2000: 26/01/24
 
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
(20min delay)
Last
6.7¢
Change
0.006(9.84%)
Mkt cap ! $58.86M
Open High Low Value Volume
6.3¢ 6.8¢ 6.3¢ $111.7K 1.733M

Buyers (Bids)

No. Vol. Price($)
4 165041 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 14945 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.