MNB 3.70% 5.6¢ minbos resources limited

Ann: Trading Halt, page-203

  1. 17,134 Posts.
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    Africa is a large place, there are a few wars going on in it with a few different interests supporting a few forces.

    Lets talk about Mali and Leo Lithium.

    Red Baron will know what I am talking about. It has not trading since when???

    Then there is others


    Are you banking on a certain side getting up or are you with the locals???

    The other thing is finance talking about finance. Look at the IMF and Argentina. Be careful where you get your loans from.

    The point is if Angola is smart they look for local support where stakeholders give a dam about their stakeholders.

    The US banks where happy to support Twiggy. Would they do so for a Angola agriculture project? Ukraine is not going so well for them

    A few countries in Africa felt the French said they where not as beneficial as they made out to be so kicked them out. The point is it does not pay to screw over the Africans and who do they trust and what safeguards can they ensure??

    What this mean is MNB needs to be very careful regarding partnerships and be sure the locals are being looked after and have less risk of being screwed over like with the French supposedly or others where arms have been provided to opponents


    Last edited by DavoMagic: 25/02/24
 
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