MNB 6.52% 4.3¢ minbos resources limited

Ann: Minbos Secures Site For Capanda Green Ammonia Project, page-206

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  1. 612 Posts.
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    Gee it's been a bit of a yawn fest for MNB and most of the market in general the past month.
    Minbos needs to keep achieving its goals it has set out in previous announcements. The financing completion must be very close now and how this is completed will answer some of the outstanding concerns people have about the financing. Will it be 100% debt ? or will it be 25 Million debt and/or 5-10 Million equity to possibly cover the outstanding 5 M plus enough to either go alone on the PFS study for the GA project or possibly announce with the financing that the doubling of the plant capacity to be planned asap ? along with extra offtakes from the cornerstone ?
    A lot of unknown financial outcomes currently. Let's hope Friday is the day for our financing news. Seems to be there favorite day for announcements.
 
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