If all SHs were as easy and forgiving as you, we would be well north of 20c now chuk.
"Some here even seem to think that the project will struggle to get funded. The evidence suggests otherwise.".
The strongest evidence here I (and many) have seen with our own eyes is MNB rushing to raise funding and breaking the funding into smaller chunks with 2 unexpected CRs, indicative of how hard it was to get funding. Lindsay himself stuttered when asked about funding and mumbled "will be via equity".
The numbers are what you call "on paper", but what has happened is what you call "in reality".
Also, half a year ago (in March this year), you were pretty certain that the company was fully funded to production, and that first production will start in a year. Now it turns out that we are not fully funded, 15m USD short (not to mention the uncertainty related to 25m USD that is not committed), you now say "come on guys, the shortfall is "JUST" 15m, the company will raise it as easy as a piece of cake, look at the numbers". It's very hard to find someone as easy going and forgiving as you for MNB.
MNB is great to have you as a SH, no complaint, no doubts, just believing in the "numbers" wholeheartedly.
MNB Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
