On 19 July 2023, the Company announced that it had signed a binding Memorandum of Understanding (MOU)with the Grupo Carrinho, Angola’s largest agro-industrial group, for the supply of up to 869,000 tonnes of Minbos phosphate fertilizer over 7 years, representing66% of the Company’s total stage-1 production. Grupo Carrinho’sability to fulfil their commitment is dependent on the fulfilment of their own business strategies and achievement of market growth estimates. If Grupo Carrinho’ demand does notreach commitments made in the MOU, there is a risk of slower penetration into the market and a longer time to generate returns for debt and equity holders.
Grupo Carrinho is not just a customer - read above
Some will sugar coat TO the very end no matter what !!!!!!! Even when there are sellers at near 4 year lows
On 19 July 2023, the Company announced that it had signed a...
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Last
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $51.90M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 6.0¢ | 5.6¢ | $24.40K | 419.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49778 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 989799 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.004 ( 3.51 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 6.0¢ | 5.7¢ | 156844 | ||
| Last updated 15.55pm 04/06/2024 ? | |||||
| MNB (ASX) Chart |