Thank you for you DD on reddit. I came to MNB as a result of looking for phosphate, potash stocks. My interest in the agri-fertilizer theme was pre-existing, without having yet invested and then I read where Tesla is committing to LFP batteries for their less exotic models, which is surely where the volume is. So I am now seeing a dual thematic with phosphate!
Phosphate for Agriculture + EV batteries.
I understand the Angola govt supports the MNB project for enrichment of agriculture. I also am aware Angola wants to diversify from oil, as you commented. Phosphate production world-wide is limited already without the demand of confirmed EV uptake. (Two other EV amnufacturers are also all over LFP batteries. Search; Ford, VW, Tesla Lean In To LFP Battery Technology For EVs (Aug 3rd 2021)
Could the Angola govt support MNB to EXPAND the business model to service both agriculture and the EV supply chain? (P.S. No sovereign risk concerns, a government keen to diversify ...... and capable of making FAST decisions, unlike many other countries)
I wonder if this MNB is now a dual play across 2 seriously emerging themes.
Thoughts anyone????
MNB Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
