Ann: Minbos Investor Presentation - Angola Rising, page-359

Minbos Resources Limited (Minbos or the Company) is pleased to present its quarterly report forthe period ended 30 June 2015.HIGHLIGHTS: Port access secured in Angola-Minbos has entered into a non-binding Letter of Intent withPort of Caio that provides initial port capacity to export at least 800,000 tons of rockphosphate per annum. The Port of Caio is planned to be operational in the 3rd quarter of 2017and is approximately 60 km from the Company’s Cacata phosphate deposit. Cabinda project licences- A presidential decree has been issued to approve the Cabindaproject which instructs the Angolan Ministries to work with Minbos to provide all necessaryinfrastructure for the project. The decree also authorizes the Angolan Ministry of Geologyand Mines (MGM) to issue the concession of Mining Rights for the Cabinda project as soonas the Bankable Feasibility Study and Environmental Impact Study has been completed. Equity placement oversubscribed and at a premium- Equity placement of 178 millionshares at $0.005 per share which completed on 8 April 2015, was substantiallyoversubscribed and at a premium compared with the Company’s 30 day VWAP at the timeof the placement. High Grade Starter Pit to drive capital and operating cost reductions for Cacatadeposit- Cost and development time reductions can be achieved through a scrub and screenoperation on the Cacata deposit that has demonstrated potential to support at least 10 yearsof production


2015 asx announcement and CR