MNB 7.14% 3.9¢ minbos resources limited

TA/chart, page-282

  1. 14,355 Posts.
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    GRE tripled overnight on news this morning. It's now up 250% . The news was lithium in rock chip samples. Not drilling over a wide area but rock chip samples and the hope that it might lead to a resource.
    The market seems to like speculating on potential resources rather than investing in proven resources.
    MNB has its JORC phosphate resource backed up with a successful DFS which goes into production late this year and the green ammonia for blue sky upside which, following the tech study, would have a far higher probability of getting into production than a company with a few rock chip samples.


 
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