MNB minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-2

  1. 15,945 Posts.
    lightbulb Created with Sketch. 4930
    Looking very good with regard to PC's. Only the one remains - the company conversion to Public ltd.

    That suggests customer PC and all others are satisfied.
    On BAI;
    "The Company has completed all conditions precedent to the loan except for the conversion of the borrowing company (the Angolan subsidiary) from a private liability company to a public limited company."
    "It is expected this process will be completed in August."
    On IDC;
    "The Company will have completed all conditions precedent to the loan drawdown once the Banco BAI facility is signed, and loan security has been registered."

 
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