MNB 3.92% 4.9¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-635

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    HIGHLIGHTS

    • Fertilizer plant and equipment are now enroute to Angola with Development and EPCM activities ramping up in anticipation of first production H2 2023.

    • First shipments have landed in Angola, with 7 x 40-foot containers arriving in the Port of Cabinda, containing conveyer belts, twin screens and vehicles.

    • 21 x 40-foot and 2 x 20-foot containers have departed the Port of Houston (Fig. 1-2), with the crusher, dust collectors, bin activators, crossbelt Magnets, polishing screens, dust collectors, screw conveyors and conveyor belts and 9 x breakbulk pieces enroute to Angola.

    • 5 x 40-foot and 1 x 20-foot containers have left from the Port of Hong Kong and include a truck unloader.

    • Initial construction activities at the Cácata phosphate deposit are on target and within budget.

      19th January 2023 - for production 2nd half of 2023

      May 2024 and still no funding after nearly 18 months




    Last edited by Merchant2000: 26/04/24
 
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