The news that things are progressing as planned wouldn't normally result in an 18% rise, but given how undervalued the SP is and the confidence this now provides that MNB will have an operating plant in 12 months, I can see why some fence sitters are now jumping on board.
If an announcement like this results in an 18% rise, imagine what an announcement confirming project funding, an offtake or details of the Green Ammonia project will do for the SP. I'll need a sedative to contain my excitement on those days...
Ann: Cabinda Phosphate Fertilizer Plant Enroute to Angola, page-21
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