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1.59% 6.2¢ minbos resources limited

Ann: Significant CAPEX reduction for Phosphate Fertilizer Plant, page-9

  1. chuk
    13,935 Posts.
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    23/02/23
    10:07
    Post #: 66413451
    Needed $40mill including working capital to complete the project.
    Now that drops to $30 million.
    Cornerstone investors offering $25 million
    Leaves just $5m. Great outcome!

    Company in talks with a number of lenders looking for the best deal. Might borrow the full $30 million instead of $25m.


    So much for needing a cr any time soon if at all.
    MNB Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 20  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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