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Ann: Cabinda Phosphate Finance and Sales Update, page-776

  1. Merchant2000
    24,958 Posts.
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    11/06/25
    10:28
    Post #: 79388396
    @chuk

    Well done on you continued Thumbs up on MNB HC forum

    6X current valuation on funding news - seems like many here approve lol

    The fact is will MNB be able to finish stage 1 and stage 2 and construction and commission production with no teething problems in 2025 ???

    Already mid June suggests this is an extremely long shot imo

    There comes a point if critical timelines missed for 2025- IDC and BAI loans are clearly doing in their DD etc

    Running costs of $12m plus P.A need addressing now

    Good luck with drawdown BY July

    IMO
    Last edited by Merchant2000: 11/06/25
    MNB Price at posting: 5.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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