MNB 1.79% 5.7¢ minbos resources limited

''The Company is in the initial stages of the process to access...

  1. 20,027 Posts.
    lightbulb Created with Sketch. 863

    ''The Company is in the initial stages of the process to access such credit''


    IMO - this will be sold off after quarterly shows true cash burn and cash position

    So after plant and equipment arriving in 2023 and months of advanced discussions not to mention 7 weeks in suspension - no now was willing to loan funds for this project

    and now initial stages of process etc This is not what shareholders have been told for past 12 months - yet performance shares and salary increases in full swing

    The balance sheet is not in order and hence unable to obtain funds etc Require entire MC in funding to continue

    IMO
    Last edited by Merchant2000: 29/04/24
 
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
0.001(1.79%)
Mkt cap ! $49.31M
Open High Low Value Volume
5.7¢ 5.8¢ 5.6¢ $10.22K 179.9K

Buyers (Bids)

No. Vol. Price($)
1 18000 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 43587 1
View Market Depth
Last trade - 11.20am 04/06/2024 (20 minute delay) ?
Last
5.8¢
  Change
0.001 ( 1.75 %)
Open High Low Volume
5.7¢ 5.8¢ 5.7¢ 47214
Last updated 12.38pm 04/06/2024 ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.