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1.43% 7.1¢ minbos resources limited

Ann: Cabinda Phosphate Fertilizer Project Funding Update, page-48

  1. Merchant2000
    21,107 Posts.
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    11/07/24
    09:09
    Post #: 74701364

    The Company has engaged with the Angolan Sovereign Fund (“FSDEA”) on an equity injection for US$10-15 million, with a view to taking a strategic stake in Minbos


    @chuk

    After seeing new 4 year lows and the last CR debacle and dilution

    IMO - above is not positive news under these circumstances

    Upwards of $22.5 Aussie dollars of dilution

    Keep sugarcoating as SOI grows and grows
    Last edited by Merchant2000: 11/07/24
    MNB Price at posting: 5.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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