We have all been hearing how important this is for the people of...

First 389 Last

Share
Profile

Follow
Merchant2000

21,353 Posts.

881

16/06/24

09:55

Post #: 74336122
Share

Originally posted by chuk: ↑

That podcast was well worth a listen. My summary below won't do it justice.

It's as if the expert in that podcast was talking about MNB's project. Maybe he was referencing it a few times, such as when he said he knows of groups in Africa which aim to provide microfinancing to small farm holders. He talked about how farmers globally, borrow to buy seed and fertiliser. Something not common for small farm holders in Africa. African farmers also need education on how much fertiliser and how to apply it. Carrinho will provide the credit and education and MNB's extensive field trials provide the local data needed for that education.
He mentioned the problem of logistics in Africa adding to the costs of fertilisers.
Talk about Mnb ticking every single box that he discussed as to what's needed in Africa. Africa's "weathered " soil is phosphate poor and he discussed how important phosphate is for all life including humans. Both plant and meat sources in Africa are low in phosphorus. It's not just important in improving yields but phosphorus is also important for human health. In fact he said the big challenge in Africa is getting more phosphorus into the African diet.
He discussed one project he was involved with in which farmers in Mozambique were educated in the use of fertiliser and saw maize yields improve around ten fold across five villages. He also said those small farmers were sold on the idea of using fertiliser but after that project concluded, the farmers couldn't access more of the fertiliser.
The Mnb/Carrinho project will be ongoing and provide both the affordable, well suited fertiliser plus the credit and education for the farmers.
He also mentioned the importance of a less soluble phosphate fertiliser for Africa's "weathered" acidic soils. He said there are commercially available polymer coated granules but they are too expensive. Other forms like MAP, DAP and TSP get fixed into the soil. After being fixed they will eventually release the phosphate but it takes "years and years". 10, 15 to 20 years and much more needs to be applied initially. MNB's trials show its fertiliser provides phosphate almost as well or over the second year as it does the first and provides ongoing benefits for at least four years. It's also organic and much less expensive. It's not only less expensive in the first year but it's far less expensive if farmers can apply once compared to maybe four applications of MAP over four seasons.
He said that 90% of African soils are phosphate deficient.

Expand

We have all been hearing how important this is for the people of Angola since 2015-16

Now nearly 10 years on

Full support of govt lol

Govt interested in Oil and Diamonds

imo

Last edited by Merchant2000: 16/06/24

MNB Price at posting: 5.5¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

SRN

Copper and zinc zone prove exciting news for Surefire close to WA's Yidby

DEL

Delorean unlocks $30M through Tanarra finance facility for bioenergy projects

FEG

China's Xingye snags 19.99% stake in Far East Gold, eyeing latter's Indonesian gold play

ADH

Adairs MD and CEO steps down after 17 years in company management

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

There are more pages in this discussion • 45 more messages in this thread...

First 389 Last

Add MNB (ASX) to my watchlist

(20min delay)
Last 6.0¢		Change -0.001(1.64%)		Mkt cap ! $52.71M

Open	High	Low	Value	Volume
6.0¢	6.0¢	5.7¢	$13.74K	229.6K

Buyers (Bids)

No.	Vol.	Price($)
1	491	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	15000	1

View Market Depth

No.	Vol.	Price($)
1	491	0.060
2	127000	0.058
5	153782	0.057
1	8928	0.056
2	28000	0.055

Price($)	Vol.	No.
0.064	15000	1
0.065	100000	1
0.069	241507	3
0.071	72075	1
0.072	57000	2

Last trade - 13.54pm 05/09/2024 (20 minute delay)

MNB (ASX) Chart

We have all been hearing how important this is for the people of...

Copper and zinc zone prove exciting news for Surefire close to WA's Yidby

Delorean unlocks $30M through Tanarra finance facility for bioenergy projects

China's Xingye snags 19.99% stake in Far East Gold, eyeing latter's Indonesian gold play

Adairs MD and CEO steps down after 17 years in company management

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

We have all been hearing how important this is for the people of...

Top Stories

Copper and zinc zone prove exciting news for Surefire close to WA's Yidby

Delorean unlocks $30M through Tanarra finance facility for bioenergy projects

China's Xingye snags 19.99% stake in Far East Gold, eyeing latter's Indonesian gold play

Adairs MD and CEO steps down after 17 years in company management

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News