Catalysts do seem to be closer now. Also helping, short term...

Catalysts do seem to be closer now. Also helping, short term potential profitability and valuation have just jumped substantially and increasing guidance by that much on post Carihno sales volumes might suggest that Carihno have provided increased demand projections to Minbos. To me, that big increase in guidance shows as a vote of confidence by both parties.
Then there was this on slide 4 regarding the green ammonia; "Watch for partnership, commencement of PFS"
That sounds like a partnership announcement may be getting very close. I don't know what sort of partnership that will be but it could be that the reason the PFS hasn't started yet is because terms were being negotiated with the potential partner, which likely include doing the PFS together and perhaps jointly paying for it.
The likelihood of a large, well funded and probably experienced company partnering in on that second project not only will get the project moving more quickly but it will also substantially derisk the eventual project financing. That might finally allow us to see the market start to put a significant valuation on the project.
The right partner being announced on that project could see a step increase in the sp to factor the GA project into the company valuation.
"Watch for strategic partnerships and investors"
It sounds like there is a lot going on behind the scenes and the language in the presentation suggests confidence in the progress with these strategic partnerships.

From the presentation;
IN 1970 ANGOLA WAS A LEADING FARMING NATION:–World’s fourth largest coffee producer–Exporter of sisal, sugarcane, banana, cotton–Self-sufficient in all food crops except wheat.
36MPopulation with57M haArable Landbut only 5M haof Cultivated Land
That illustrates the potential growth for the sector from the current situation where;
"–50% of food imported–100% of fertilizers is imported"

If the already huge potential from the phosphate project from this low a mc wasn't enough, the green ammonia is there for considerable added upside and then there is still the P4, which according to the following is currently being reviewed by the company founded by the chairman of CATL and the chairman of Shanghai Putailia. They are both very big players in the lithium battery industry.