Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-6

"The Cabinda phosphate project supplies a seasonal industry, and the Companyhas commenced discussions for a working capital facility with competing localbanks charged with deploying concessional funds from the Government to theagricultural value chain. Minbos intends to maximise its use of this funding. Thefunding explicitly considers factoring finance which the Company is exploringwith possible third-party warehouse operators."

It also looks like talks are ongoing on the green ammonia.

"The Company has also been evaluating a number of unsolicited partnershipopportunities for both the Cabinda Phosphate Project and the Capanda GreenAmmonia Project. The Company notes that such partnership opportunities arenot however at a point where the Company would be required to make anannouncement and the Company confirms it is in keeping with its continuousdisclosure requirements as at the date of this release. The opportunities may noteventuate and the Company will keep shareholders informed as to theadvancement of such opportunities as and when they are required to do so."