MNB 4.92% 6.4¢ minbos resources limited

I'd say non binding because Minbos will have to do feasibility...

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  1. 4,189 Posts.
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    I'd say non binding because Minbos will have to do feasibility studies in order to look at the economics of the further downstream processing to produce nitrogen based fertilisers & explosives etc. I'm sure Talus would have liked a binding agreement.

    With the availability of low cost power the PFS/DFS will just confirm the obvious, however it will give costings. This is still a fair way away from becoming reality, however when it all comes together Minbos will be a very big company. The foundations are there.

    Amazing how quickly it can be deployed - "in under ~ 12 months".
    Astute watchers will have noticed Lindsay had Talus on his Linkedin page some time ago.
    Last edited by Red Baron: 26/06/24
 
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