Some people will never be happy with the progress...
16th Feb 2011 - JORC resource at 75 MT @ 12.6% P2O5
- No Cacata, Chibuete, Chivovo, Ueca discoveries
- No Kanzi discoveries
30th Apr 2012 - JORC resource at 304 MT @11.5% P2O5
- Large exploration upside
- Low strip ratio, Low Capex, Premium product
- Estimated profit, USD150/t
- Targeting 1 mtpa operation
- Finalising scoping & launch of Bankable study
- Acquires 75% potash license beside Elemental
A 400% increase in JORC resource that is backed up by multiple drilling campaigns and investors are concerned? Once MNB get the go ahead to mine Cacata and Chivovo, they will be the first company to have obtained a mining license in Angola for the longest time. There will be a rerate...just a matter of time, in my opinion.
Ann: Minbos Reaches Performance Milestone , page-12
Add MNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
-0.011(19.0%) |
Mkt cap ! $41.29M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 4.5¢ | $508.8K | 10.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 413214 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 764960 | 4 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MNB (ASX) Chart |