MNB 1.56% 6.3¢ minbos resources limited

Ann: US$10m Strategic Investment Approval Received, page-53

  1. 14,152 Posts.
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    "the company was unsuccessful in obtaining a debt facility shareholders will suffer more dilution."

    That's the sort of misinformation I was referring to. The company has NOT been unsuccessful in obtaining debt because first of all, the IDC approved their loan pending the preconditions and the Angolan bank application is ongoing. You can't say that's failed while it's ongoing. Very misleading.
 
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