MNB 1.41% 7.2¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-372

  1. 373 Posts.
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    I don't understand all the doom and gloom "going bust" on here?

    the announcement very clearly set out:
    - finance approved already (subject to conditions)
    - avenues for further finance to meet conditions
    - immediate actions to get that finance (staff flying to Angola)
    - finance action backed by government
    - establish a prescriptive monopoly once the project is up.

    those all sound like positive progress?

    whats the difference between the project now and before the announcement?

    that we are now a bit dilluted? And a bit delayed?

    Ok but we have also progressed finance significantly and have huge backing from the govt.

    this is a great Ann compared to just keeping the lights on.

    share price is just an opportunity to buy at bargain prices.

    i bought more today.


 
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