MNB minbos resources limited

2.44%

4.2¢

Ann: US$2.43M Tranche 2 Funds Received from FSDEA, page-20

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Merchant2000

24,956 Posts.

982

07/03/25

13:02

Post #: 78173600
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Originally posted by wave3andabit: ↑

I suppose the spamming company will put out a bulletin now which might push this up over 5 cents early next week.
I can see the share price stalling again as there still are no offtakes, no confirmation the plant will be producing in time for the growing season, the return to the low four’s is anticipated.
There is still doubt if adequate funding is on hand with a CR still foreseeable below 4 cents.
The current news on Tranche 2 has not see a miraculous recovery in the share price as previously communicated by the uprampers.
The latest now is wait for the latest action supposedly BAI, wow it might go up a bit more, however if the growing season is missed and no external customers, the cash needed to support another year with just some small scale farmers sales will certainly bring a further CR into play.
There are so many unanswered questions and a great deal of doubt of the ability of Minbos especially its CEO to complete this project

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@wave3andabit

News in December got SP to 8.8c or 9c

Now With Tranche 2 news months on - sub 5c sellers a plenty

Like you said only when all 3 funding ducks align and construction finished on time for 2025 planting season will this rise

At this point in time - profit taking is the best move

IMO

MNB Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 4.2¢		Change 0.001(2.44%)		Mkt cap ! $40.95M

Open	High	Low	Value	Volume
4.6¢	4.6¢	4.2¢	$67.95K	1.566M

Buyers (Bids)

No.	Vol.	Price($)
1	7799	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	17543	1

View Market Depth

No.	Vol.	Price($)
1	7799	0.042
1	240000	0.041
9	191000	0.040
4	346566	0.039
9	594463	0.038

Price($)	Vol.	No.
0.044	17543	1
0.045	23000	1
0.046	42337	1
0.048	20000	1
0.049	129115	1

Last trade - 15.50pm 20/06/2025 (20 minute delay)

MNB (ASX) Chart

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