Well pointed out @chuk. The Top holders are major battery players and they have their position in the company as they want access to Angola super cheap electricity and tax incentives to make P4 and potentially a full battery making operation. I believe the Cacata deposit being a higher grade will mainly be used for fertilizer production and looking back into the past announcements of MNB you can find they have lower grade deposits such as the Chivovo deposit which holds 6.5 Million tonnes of 20.5% Phosphate which so believe is a lower grade suitable for P4 production. The area of Cabinda and heading north from Cacata is a phosphate rich area with Mongo tando belittling the Cacata deposit but a lower grade average. I wonder if the exploration permits are going back to these areas to find and access these deposits for there P4 Processing capabilities? It's a positive that the area has so much phosphate close to where the phosphate plant will be. This will help us ramp up the double production of P4 and Fertilzer at the same time. Just these two projects running in Sync will be a seriously profitable operation. And that's why I choose to hold my shares whilst these projects unfold.
- Forums
- ASX - By Stock
- MNB
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-58
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $38.65M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.3¢ | $32.47K | 739.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 247111 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57000 | 0.044 |
4 | 136873 | 0.043 |
1 | 238095 | 0.042 |
6 | 853100 | 0.041 |
5 | 721000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 247111 | 5 |
0.047 | 105346 | 3 |
0.048 | 140833 | 2 |
0.049 | 99999 | 1 |
0.050 | 421700 | 3 |
Last trade - 15.01pm 15/10/2024 (20 minute delay) ? |
Featured News
MNB (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online