I don't think investors are grasping what this announcement means for cash flow next year. This was meant be a slow ramp up production. Now MNB is committed to about 120,000 tonnes next year ( assuming relatively even distribution over the off take agreement). This is much more aggressive than the DFS and will assist in funding plant expansion and green ammonia studies. Very happy with this announcement.
I don't think investors are grasping what this announcement...
Add MNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $47.58M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $12.74K | 228.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23535 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 200000 | 1 |
View Market Depth
| Last trade - 13.17pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.6¢ |
Change
-0.001 ( 1.82 %) |
||||
| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.5¢ | 55630 | ||
| Last updated 14.04pm 27/05/2024 ? | |||||
| MNB (ASX) Chart |