MNB 3.33% 6.2¢ minbos resources limited

"I think the Angolan banks will take less time lending for a...

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  1. 567 Posts.
    lightbulb Created with Sketch. 205
    "I think the Angolan banks will take less time lending for a local project, especially in agriculture where they have quotas to fill, so if delayed beyond July, I think not by more than 1-3 months maximum."

    Again, just like the expectation that the offtake will be available this month or that the finance is "non-dilutive", this kind of expectation is very easy to be proven correct or wrong, because it's directly verifiable. So far all the "non-dilutive finance" and "no delays or a delay of only 1-3 months" have been wrong, because there has been no single delay that lasted below 3 months.
    Last edited by riverflows: 24/06/24
 
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