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Ann: Cabinda Phosphate Fertilizer Project Funding Update, page-33

  1. Gladdy1
    157 Posts.
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    10/07/24
    14:16
    Post #: 74691091
    My conern is that if the FSDEA take an equity stake that will be a dilution. If the percentage that the FSDEA is provided is based on the current market cap, we could have to issue around 30% of the company for only $10 million. That would be very bad. I hope i am wrong. Would have been better with a loan.
    MNB Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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