My take on the whole scenario regarding the current fertiliser, global grain shortage and food security issues is that this will end up being something on a scale we have never seen. With cbot wheat futures going limit up day after day there is clearly panic setting in and they are trying to find a price level that will curb demand, they haven't found it yet. China is even importing US grain at these levels to shore up supply. With russian farmers reporting a shortage of ammonium nitrate likely leading to yield losses and the Ukraine cropping season looking shakey at best, I think world grain stocks could be dangerously low in twelve months time. These two countries are two of the biggest grain exporters in the world. That alone will keep fert prices elevated while the world's farmers try to capitalise on higher grain prices. With a background in farming i know how absolutely critical fertiliser is to food production. While its never been as sexy to invest in as lithium or hydrogen I would argue that fertiliser is way more important to our everyday life and survival. With Angola having to import the majority of its food this project has never been more important.
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4.5¢

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Last
4.5¢ |
Change
0.001(2.27%) |
Mkt cap ! $43.87M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.4¢ | $2.553K | 57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15098 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 74500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15098 | 0.044 |
2 | 198500 | 0.043 |
2 | 833728 | 0.042 |
5 | 125099 | 0.041 |
5 | 679425 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 74500 | 1 |
0.047 | 234882 | 2 |
0.050 | 242000 | 3 |
0.051 | 122710 | 1 |
0.052 | 187500 | 1 |
Last trade - 12.05pm 10/07/2025 (20 minute delay) ? |
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MNB (ASX) Chart |