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5.3¢ minbos resources limited

Ann: Minbos Enters Agreement with Talus for Modular Green Ammonia, page-93

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Merchant2000

21,931 Posts.

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31/07/24

13:16

Post #: 75003887
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Originally posted by chuk: ↑

"Even sovereign fund - Govt is taking on a huge risk"

You clearly don't understand the meaning of huge risk, especially for the government sovereign wealth fund.
The government is very keen to grow its agricultural sector.
The government has in place a requirement for buyers to buy local when available. That gives Minbos a solid moat.
Minbos's project capex and funding requirement is very low by any standards.
Minbos's fertiliser will be very competitively priced, is very low cost to produce and offers high margins. Payback of any debt will likely be under two years.
Minbos's fertiliser is effective over four years with water soluble fertiliser almost useless after the first season.

Huge risk? And you accuse others of bias? You are more biased than anyone else on HC that I have seen. While most holders acknowledge the risks, I can't recall you acknowledging a single positive - of which there are so many.

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Minbos's project capex and funding requirement is very low by any standards.

Yet require Decrees and quotas and Sovereign funds and guarantees and Dilution after dilution

@chuk Time to face reality that shareholders will get slaughtered again after last CR

Still no quarterly - looks like a 4.10pm quarterly lol

MNB Price at posting: 6.7¢ Sentiment: None Disclosure: Not Held
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