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Ann: Results of General Meeting, page-133

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chuk

14,224 Posts.

4116

25/06/24

20:59

Post #: 74486524
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Originally posted by DavoMagic: ↑

I think he solution is not within managements capability.

Why can MNB not list on the Angola Stock Exchange, as well as the ASX, and source funding there like Altantic Lithium is doing in Africa?

That way it reduces sovereign risk apart from funding risk.

Looks like MNB could be another Leo Lithium simply because management cannot relate to the real world.

Are MNB management elitist?? Why not get funding from the locals and not just banks and government??? They may not have much but every little bit adds up and the government can help them if they like. If the locals are not into it it will never get up anyway!!!

It looks like management are pushing retail shareholders and general investors over the edge from pure ignorance

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First of all, 15% of the phosphate project is already owned by Angolan investors.
Secondly, Lindsay has said that he is in discussions with a number of interested investors, mostly from within Africa.

MNB Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.000(0.00%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
5.9¢	6.0¢	5.8¢	$33.43K	569.1K

Buyers (Bids)

No.	Vol.	Price($)
1	110000	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	144000	2

View Market Depth

No.	Vol.	Price($)
1	110000	0.058
3	178238	0.057
1	175000	0.056
5	235909	0.055
1	200000	0.054

Price($)	Vol.	No.
0.060	144000	2
0.062	192500	3
0.064	302384	2
0.065	9971	1
0.066	147540	1

Last trade - 15.33pm 27/09/2024 (20 minute delay)

MNB (ASX) Chart