MNB

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6.7¢ minbos resources limited

@chukDo you recall that you were told that 5c or under was...

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Merchant2000

21,018 Posts.

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24/06/24

19:49

Post #: 74467024
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Originally posted by riverflows: ↑

Well I don't know about likely or not likely at this stage. You thought that the most recent CR was "unlikely" because "Lindsay said he's looking for non-dilutive funding". How did that "likely" go?

I am not saying that if there's a delay, the delay would be 1 year. I was just saying this little company cannot tolerate another year of delay. If it's not delayed by that much, good.

Is the offtake "likely" to be secured this week, because that's what Lindsay advised?

If there's another delay, it's "likely" to be just 1-3 months? Where's the 1-3 months from? How late have we already been from the original guideline?

You also said loans from Angolan banks are "likely". What data or observations have you used to think that it's "likely", not the other way around?

Maybe you think that these events are likely because that's what you'd like to see happen?

From everything that has happened in the past, delays are much more likely than timeliness for this company.

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@chuk

Do you recall that you were told that 5c or under was likely

and you laughed

100% wrong in every call

Its likely that this wont end well

Last CR was a disaster and next one will be much worse

Whatever it takes to stay afloat - even blind Freddy can see that

This end of ASX takes all over long term

4.9c is last crucial support - if broken 3c likely

imo

Last edited by Merchant2000: 24/06/24

MNB Price at posting: 5.0¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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@chukDo you recall that you were told that 5c or under was...

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