Australia's largest stock trading and investment forum Australia's #1 stock forum

MNB

Click for more information

2.27%

4.5¢ minbos resources limited

Recommendation, page-1333

First 1333 Last

Share
Profile

Follow
Merchant2000

21,693 Posts.

886

05/09/24

11:48

Post #: 75540589
Share

Originally posted by chuk: ↑

"The government decree on the banks does not mean the bank that has carried out some due diligence has to loan money to MNB if they don’t view the project viable currently. "

Of course not - but the project is viable. Anyone studying the DFS can see that just as the IDC and SWF saw that.

How many projects have you seen that need only around US$24mill debt for capex for a base case after tax NPV of US$203mill, especially with the TSP price currently 20% above the base case which increases the NPV by roughly 30% to US$260mill or A$390mill? There is no question that the project would be viable so why the post inferring that it is not viable and use of down ramping terms like "desperate days ahead" and "panic stations"?

Expand

Of course not - but the project is viable. Anyone studying the DFS can see that just as the IDC and SWF saw that.

Then why is receiving funds been so hard and all advanced discussions outside of Africa have walked

One of the Smallest CAPEX on ASX and yet all has failed

Even the 7c Cr was only able to salvage $5m with 7c options outside of directors

If 2025 growing season missed - this will be history imo

MNB Price at posting: 6.0¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

DRO

Droneshield shares move up on $13.5M US govt contract

OCC

Orthocell wins first international approval for nerve repair product

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

There are more pages in this discussion • 247 more messages in this thread...

First 1333 Last

Add MNB (ASX) to my watchlist

(20min delay)
Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $39.53M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.3¢	$38.50K	875.1K

Buyers (Bids)

No.	Vol.	Price($)
2	86389	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	67500	2

View Market Depth

No.	Vol.	Price($)
1	64167	0.045
1	43069	0.044
2	487791	0.043
7	731101	0.041
6	771000	0.040

Price($)	Vol.	No.
0.046	67500	2
0.048	20833	1
0.049	103364	2
0.050	170000	1
0.051	170422	2

Last trade - 14.04pm 08/10/2024 (20 minute delay)

MNB (ASX) Chart