MNB minbos resources limited

Ann: Trading Halt, page-110

  1. 222 Posts.
    lightbulb Created with Sketch. 75
    It would have been far more prudent to not hire additional staff and keep expenditure as low as possible until the funding was secured rather when they hoped it would be secured. The management was too optimistic and has led to a bigger team to feed burning through cash faster. Also, really not sure why they do not pause GA expenditure until all conditions are met for the phosphate project to proceed. Still a long way to go and much risk remains so again too optimistic. They need to get construction right, the last attempt was a circus. Calling a small early works design & construct contract an EPC shows they don't have the basics of construction. Lets hope they have some good advice this time.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.7¢
Change
-0.003(7.50%)
Mkt cap ! $36.07M
Open High Low Value Volume
4.0¢ 4.0¢ 3.7¢ $60.88K 1.586M

Buyers (Bids)

No. Vol. Price($)
4 83559 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 25000 1
View Market Depth
Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.