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7.3¢ minbos resources limited

Good spot @tradedemon Peter Wall buying 10M on-market yesterday...

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skara

2,847 Posts.

18

24/02/16

09:18

Post #: 17099967
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Originally posted by tradedemon ↑

@Kruiser read the last last paragraph from the quarterly below and compare to the "subscription" transaction just completed.

From the quarterly

Minbos announced on 18 December 2015 that it is in advanced discussions with joint venture partner Petril Phosphates Ltd (Petril) to amend some of the key terms of the Cabinda Joint Venture Agreement (JVA).

This discussions are continuing and the Company is expecting to finalize negotiations in February 2016.

Minbos believe that a successful outcome on the negotiations will be beneficial for all stakeholders and will reduce timelines, operating and capital cost.

The Company has concurrently negotiated a subscription agreement for a material capital placement that will be executed on the successful conclusion of the JVA negotiations.

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Good spot @tradedemon

The Company has concurrently negotiated a subscription agreement for a material capital placement that will be executed on the successful conclusion of the JVA negotiations.

Expand

Peter Wall buying 10M on-market yesterday combined with the 0.5c placement is a good indication Minbos is building for a run here.

Probably leading into JV news flow.

.

MNB Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 7.3¢		Change 0.015(25.9%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
5.8¢	7.3¢	5.8¢	$580.4K	8.844M

Buyers (Bids)

No.	Vol.	Price($)
3	150540	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	191029	2

View Market Depth

No.	Vol.	Price($)
1	5468	0.064
1	110953	0.063
3	110000	0.062
2	397540	0.061
4	173333	0.060

Price($)	Vol.	No.
0.067	24600	1
0.068	100000	1
0.069	110000	2
0.071	72075	1
0.072	50000	1

Last trade - 15.53pm 02/12/2024 (20 minute delay)

MNB (ASX) Chart