MNB 1.85% 5.5¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-252

  1. 20,314 Posts.
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    @chuk

    14.2% below Cr price now

    How are these sophisticated still in the money ??

    Who cares about 7c options when the price is 6c

    Looks like Jayson knew this would occur - burnt once shy next time

    Getting finance now after this bloodbath will be very difficult

    Production will be a long shot to remain on schedule as indicated imo

    $10m US working capital requirement is huge when on market they could only raise $5m excluding directors

    The risks at these prices is not worth any potential rewards imo

    IMO


 
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