It’s September next week and the question is why have the Angolan banks not approved the loan perhaps they see through their DD that the growing season is a miss and there is no hurry to extend to MNB. No loan means no off take and cash burn, is that another CR? This stock has been pumped incredibly and is just off lows of 4.7 cents, the people pumping this will say what a fantastic run we have just had we are 6.7. When this was 17 cents they were claiming it would be 35 cents now and the fact is it’s now 6.6 and possibly to close at that, which means it is another down day.
Closed at 6.6c MC - Well overbought on current metrics and strong possibility of missing 2025 growing season
