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4.3¢ minbos resources limited

@chukNeed to see positives on the things that matter hence SP at...

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Merchant2000

21,922 Posts.

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25/07/24

19:00

Post #: 74920075
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Originally posted by chuk: ↑

"When has one seen good news with this in recent times"

I know you always choose to ignore the positives Merch but they are there if you want to look.

US$10mill reduction in upfront capex. Resultant increase in project NPV.
Approx US$25mill reduction in stage 2 capex, allowing stage 2 to be brought well forward. Resultant strong increase in project NPV.
Post Carrihno production guidance strongly increased over DFS assumptions. Resultant increase in project NPV.
IDC loan approval.
MOU with Foskor.
Strong government support for the sector including government guarantees on loans which makes the Angolan bank approval for MNB's term loan much easier and likely to follow the IDC positive loan approval.
Triple Super-phosphate price has been trending gradually higher over the last 12 months and sits comfortably above the DFS base case assumption.

I've probably missed a few. Others might want to add anything I might have missed.

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@chuk

Need to see positives on the things that matter

hence SP at near 4 year lows

Shareholder wealth destruction and dilution cannot be ignored and more than likely will continue

Sharks have entered the arena now and you can see how hard it has been since Jayson pulled out of the CR

imo

MNB Price at posting: 6.2¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 4.3¢		Change 0.001(2.38%)		Mkt cap ! $36.90M

Open	High	Low	Value	Volume
4.2¢	4.3¢	4.2¢	$28.12K	660.9K

Buyers (Bids)

No.	Vol.	Price($)
1	30922	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	12500	1

View Market Depth

No.	Vol.	Price($)
1	30922	0.043
1	305436	0.042
2	250000	0.041
6	506720	0.040
1	16000	0.039

Price($)	Vol.	No.
0.044	12500	1
0.045	90000	1
0.046	27111	2
0.047	105536	3
0.048	16279	1

Last trade - 15.59pm 07/11/2024 (20 minute delay)

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