Ann: Phosphate Fertilizer Project Update, page-329

As always, there are just so many unanswered questions about the funding situation.

Someone on the forum mentioned to me that they had spoken to someone else who had spoken to Lindsay who had mentioned something about an update on the Carrinho offtakes arriving in the next couple of weeks (this is the typical way that he learn things as MNB shareholders). I hope the company gives us something definitive (i.e., confirmation the contract is signed), rather than a recap of the current uncertainties and another BS deadline (pushed back to end August?)

Its been well over a month since the money was raised and the clock is ticking. It wont be long until the panic sets in and the selling resumes.