"Offtakers & Financiers circling: MNB has indicated that...

"Offtakers & Financiers circling: MNB has indicated that discussions have begun with potential project financiers and offtake partners, saying it has “received significant inbound interest from major potential funding partners” owing to its unique characteristics."

This was published 11-APR-2023 12:08 P.M by NI, following the technical study from Stamicarbon.

1 year has passed and we are still in advanced discussions with interested parties. Either discussions with those interested parties take forever, or all the previous interested parties have left the party and now we have a brand new set of interested parties.

Also, regarding the financing for the phosphate, MNB also said it was in discussion around 1 year ago with "several parties".
There can be only 2 cases here:
1. IDC was NOT among those several parties: which means all "several parties" fell through, no deal reached, and IDC came to the rescue in around/before September 2023.
2. IDC was among those several parties: which means 1 year from "discussion" to a final financing decision, give or take.
Regardless of which case above happened, I don't know about securing the remaining financing in the next 3 months, when we are now at the stage of just having initiated "discussions" with Angolan insitutions.

So yes, maybe chuk will keep believing in the "almost there" narrative of the company, but not the majority of us, especially not me.