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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-20

  1. ragingrookie
    14 Posts.
    lightbulb Created with Sketch. 8
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    15/04/24
    11:34
    Post #: 73346989
    Bad:
    - Capital raise at $0.07 with free oppies
    - Project delayed compared to previous timeline

    Good:
    -Directors and management intend to subscribe for $0.9m worth (good news ahead?)
    - IDC loan approved
    - Strong gov support (they have favorable credit cost and can be a monopoly phosphate fertilizer supplier to Angola?)
    https://hotcopper.com.au/data/attachments/6102/6102597-954d429cff995fa695e9d53afa07b73f.jpg
    MNB Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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