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1.89% 5.4¢ minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-59

  1. Merchant2000
    20,601 Posts.
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    01/05/24
    15:11
    Post #: 73610927
    @wave3andabit

    If they miss the 2025 growing season - by not meeting funding,construction and working capital requirements, pre conditions and or deadlines

    We will need new reports here on SP projections and dilution - via Capital raising and prices 37c needs downgrading imo

    IMO - will also need factoring in of another 24 months of running costs - $24m or so if production commences in 2026 etc

    Market seems focused on the risks in yesterdays quarterly as imo perceived good were the usual fluff and hype as seen by 5.6c SP now

    @chuk

    IMO DYOR
    Last edited by Merchant2000: 01/05/24
    MNB Price at posting: 5.6¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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