What is the hold up? Already 1 week past expectations and even...

What is the hold up? Already 1 week past expectations and even further because they expected licence 2 weeks from quarterly.

The first semi positive for this stock is that LOM's licences are extended and that people are interested in buying/trading it.

Another positive is that the market is reacting very strong to good announcements. TNG announced extremely good news and I just don't know what will happen to this stock if they get the licences. They should be able to progress to the DFS very quickly. MNB have already undertaken metallurgical studies etc.

The negatives include that phosphate prices are low (on the way up recently I believe), the expected capital raising and the stupid convertible notes.

We all know they have diluted the bejezus out of the stock so it will probably never recover but what is the project worth to MNB? We all know that there is over 1 billion tonnes in Cabinda (some is good quality like cacata) as previous director said (How good was he LOL) in a 2013 interview. If MNB build one project then others would become immediately feasible.