MNB minbos resources limited
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Ann: Banco BAI Term Sheet Signed, page-4

  1. Defconla1
    195 Posts.
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    06/12/24
    09:31
    Post #: 76941703
    "Importantly, the US$12 million Banco BAI term loan, coupled with the US$14 million
    IDC loan facility1 and the US$10 million equity investment from the Angolan Sovereign
    Wealth Fund2 will allow Minbos to complete both Stage-1 construction and the Stage2 expansion of the fertilizer plant."

    Fully funded for Stage 1 & 2 IMO is the best part of this annoucement!
    MNB Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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