Ann: Minbos Investor Presentation - Angola Rising, page-276

"If none of this has been started there are still way to many lies being told by smiley who should know better after 10 years dealing with this project, and with the lack of finance news to finish the project there is no way we will be up and running this year, so those dates in the presentation are out by another year."

If production doesn't start by the end of this year (yes, they can even have an extra 6 months added to their estimate), I seriously would like to see Mr Smiley out of the board and of the MD position so MNB can calm the market and "reassure" that over-promises and under-performance cannot go unpunished after a very long time. I know I have no power to make that happen anyway but that's what I'd like to see first thing if they do not bring the phosphate project into production by the end of 2024. Enough is enough, Covid has already stopped being a thing since 2022.