MNB
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2.90% 7.1¢ minbos resources limited

npv$937m vs mkt cap $2m, page-19

  1. Kruiser
    3,947 Posts.
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    06/10/13
    11:07
    Post #: 12411336
    i dont care much for charting but they would need to pull off all those things to get this one going

    cacata resource upgrade...12+ months overdue
    long term funding...9 months overdue
    license renewals...overdue

    what makes you think they will all be resolved this month?

    MNB still has the projects...agreed...but issuing 166m shares when the licenses arent renewed in time then they might as well give away 50% of their interests in the projects
    MNB Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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