Ann: Minbos to Pursue Yellow Phosphorus Potential in Stage 2, page-285

Whether it's Chuk or Rick Rule investing it's very difficult to pick the bottom. Just because Chuk presents posts based on known evidence, he does not control the market sentiment or company news. If you thought Minbos was a good buy 2 weeks ago then it's an even better investment at the current price. Small caps across the board have been pounded recently. Minbos should be less impacted as we are close to completing the phosphate project and phosphate prices are holding up. Maybe the recent news on Namibia is spooking some investors with sovereign risk in Africa. However this is an important project for Angola and recent media suggests they are actively trying to encourage investment.
Hopefully there aren't developments in the background that we are unaware of but at this stage top 20 shareholders are still holding.
Some news regarding the remaining finance and an update on the phosphate project works is much needed. Lindsay did post something on LinkedIn intimating that everything is on track for November.
Successfully commission the phosphate plant and maybe then the market will start factoring in the potential battery projects with our strategic Chinese cornerstone investor and the compelling green ammonia project.
Maybe the market is waiting to see evidence of success from this management. Either way, I may not have averaged at the bottom but I am very optimistic about what lies ahead, even if it's just a phosphate project.