Replying to Riverflows; ASX requires those risks to be disclosed. That is a very standard list of risks that would apply to most ASX listed resource developers. As well as the mandatory disclosure of all risks, the annual report also listed what was actually expected as "likely" events going forward.
"11. LIKELY DEVELOPMENTS AND EXPECTED RESULTS OF OPERATIONS
Future developments of the Company are anticipated to include:
•Complete construction of the Phosphate Fertilizer Plant; •Long-term fertilizer sales contracts agreed for majority of first-phase plant production; and •Significant progress made in the Capanda Green Ammonia Project Pre-feasibility Study."
MNB Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
