MNB 1.43% 7.1¢ minbos resources limited

Ann: US$10m Strategic Investment Approval Received, page-102

  1. 4,077 Posts.
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    Chuk I think this rally will be different to the others.


    Previously they were based on what might happen after an announcement.

    If we get the other 2 CPs ticked off & start construction this will be a re-rating, sustained till fair value is achieved, which we’re a long way from atm.

    ,

    At the moment the market looks at the chances of us getting finance and starting construction, our track record hasn’t been great which is why our SP is only 7 cents. Get this finance sorted & actually start construction - then the market IMO will start looking at how much money we’ll make.


    We’re close, only a few more steps to go.

 
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