Hi Kruiser,
getting nervous Dicko? still no licence renewal for Angola, only about 4 weeks left to get them otherwise you've done your money like everybody else. No way to get out now.
I was told by another shareholder that management expected them weeks ago so something must be wrong
........
Why would i be nervous, i told you the licence renewals were now expected end of Oct/beg Nov...
Why does there have to be something wrong ? Matters get dealt in their timely fashion only, it is Africa.
......
well there it is in writing
1. Angola license renewal delayed: what company bets the house on things going to plan in Africa???
as stated above
2. Kanzi sale uncertain: seems to me they are hiding something, why not disclose their response?? not going to be any movement here for a while
MNB were in DRC last week to meet with JV partner and a number of other interested parties
3. And to top it all off, as if this company isnt in enough financial strife, they acquire a greenfields project in WA which has expenditure commitments. Where is the money for this going to come from??
this is a small project..."hedging" is the term i would use
.......
BIG month for MNB
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