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4.0¢ minbos resources limited

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chuk

14,361 Posts.

4168

01/11/22

21:58

Post #: 64533104
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Originally posted by Tcb007: ↑

Red flags appeared when he wouldnt answer my emails. I politely introduced myself as a T20 holder but got crickets from him. I got in reasonably early at the time 11c from memory so I let that slip as this was the time when fertilizer prices started to skyrocket, so share price was ok between 12c-18c
I loved the fact that he spent a considerable time in Angola but he just couldnt connect with shareholders - marketing was abysmal despite the odd pump from Next Investors.
The final nail in the coffin for me was when it was apparent when he told investors during the 1st Crux interview about funding. I just thought he was lying so I sold out at .14c
A long road ahead for Minbos - market is surging and MNB share price is going backwards.

How hard is it to get a $60m plant into production? 2 years to get a DFS, how long until Green Ammonia is delivered. This has become a huge disappointment for everyone - so much better value stocks out there for all that have held this for 12-18 months.

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I've rarely had problems getting in touch with the company either. More often than not, with Lindsay. He has no issue spending time to answer questions. Maybe he was just too busy when you tried.
"so much better value stocks out there"
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MNB Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change -0.002(4.76%)		Mkt cap ! $35.14M

Open	High	Low	Value	Volume
4.2¢	4.2¢	3.8¢	$115.1K	2.850M

Buyers (Bids)

No.	Vol.	Price($)
3	84606	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	20000	1

View Market Depth

No.	Vol.	Price($)
2	126342	0.038
2	107447	0.037
2	250000	0.036
4	273104	0.035
3	343780	0.032

Price($)	Vol.	No.
0.041	20000	1
0.044	87100	2
0.046	197111	4
0.047	105346	3
0.048	140833	2

Last trade - 14.53pm 18/10/2024 (20 minute delay)

MNB (ASX) Chart