MNB 4.76% 4.0¢ minbos resources limited

Ann: Phosphate Fertilizer Project Update, page-322

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  1. 14,362 Posts.
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    I'm doing some further research into Angola's agricultural sector today and I'll post more relevant info.

    This is why Minbos will pay almost zero tax in the first 8 years and why that makes it so much better that MNB will bring stage two forward and boost year 1-7 production so strongly over DFS forecasts.
    Zone C taxes are reduced by 80% over the first 8 years. Being in Cabinda, taxes are half that of zone C. I.e. MNB's taxes will be negligible over the first 8 years. Not because the government is doing MNB any special favour but because MNB's phosphate and plant are located in Cabinda.

    https://hotcopper.com.au/data/attachments/6224/6224828-bd5e8df50b9195d9be2f201e2e866b56.jpg
    https://www.fao.org/docs/handinhandlibraries/countries/angola/apresenta%C3%A7%C3%A3o-angola---26-09-2023-2.pdf?sfvrsn=9684d942_1
 
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