MNB
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6.52% 4.3¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-690

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  1. Bunter62
    1,399 Posts.
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    02/05/24
    08:16
    Post #: 73620993
    I find it very strange that Carrinho have not signed a binding off take agreement. When you consider it's holding up the loan and therefore construction. Add in the fact they must use the Cabinda fertiliser and this situation is inscrutable. The only theory which makes sense is Carrinho is trying to bankrupt MNB and take on the project themselves. I will feel a great deal better if the agreement is signed.
    MNB Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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