http://liquidafrica.com/senegal-azoty-unit-signs-deal-to-buy-african-investment-group-for-28-8m/
http://www.warsawvoice.pl/WVpage/pages/article.php/26726/article
Sure is a nightmare James considering most decent resource companies have recovered since July .. plus there are still deals in west African phosphate like above.
What would a 208mt single deposit be worth if the above deal is for 56mt?
What would a Kanzi sale be worth based on the deal???? LOL MNB's share of $14 million??? God only knows why they wouldn't sell Kanzi and fund Cabinda that way rather than issuing new shares via notes and potential cap raising. I estimated (using AGM notes) best case 620 million shares after raising at 1 cent or best worst case of approx 1.2 billion shares (raise 0.5cent). At 1 cent it would still be cheap based on the above transaction and only the 208mt single deposit. The worst case scenario is obviously no more money and that is a possibility.
MNB have to secure the licenses first before we can even start to be valued like this. Great work management.
- Forums
- ASX - By Stock
- MNB
- npv$937m vs mkt cap $2m
npv$937m vs mkt cap $2m, page-29
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNB (ASX) to my watchlist
|
|||||
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.26M |
Open | High | Low | Value | Volume |
7.2¢ | 7.2¢ | 7.1¢ | $21.95K | 306.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3160 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 40000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3160 | 0.071 |
2 | 64285 | 0.070 |
3 | 159000 | 0.069 |
2 | 36457 | 0.068 |
1 | 20000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 40000 | 2 |
0.073 | 327281 | 2 |
0.074 | 140772 | 2 |
0.075 | 282258 | 2 |
0.077 | 1341 | 1 |
Last trade - 11.47am 20/08/2024 (20 minute delay) ? |
Featured News
MNB (ASX) Chart |