Hi @gradecontoller Jayson mines was mainly interested in P4 production in Angola with its cheap power and quality phosphate. To make p4 you don't need high grade phosphate so they could have used all our by product and run it through the kiln to make Yellow phosphorus p4. They sort of stepped back when the phosphate prices dropped making it not feasible to continue with that idea for Angola currently. They continue to hold the largest parcel of MNB and seem happy to hold as it continues into production stage. Could the P4 become an option in the future ? Who knows ... I suppose the answer to that maybe in if old mate Frank Si stays as a board member down the track ?
MNB Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
