MNB 1.85% 5.3¢ minbos resources limited

Hi Kruiser,getting nervous Dicko? still no licence renewal for...

  1. 147 Posts.
    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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