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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-813

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kdaly

493 Posts.

47

06/05/24

10:18

Post #: 73679741
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Originally posted by Red Baron: ↑

I was having another look at the Quarterly and noticed this little addition

"The Company will also look to launch its Pre-Feasibility Study to further investigate the use of electrolysers to generate green ammonia designed to produce ~250ktpa of high-density ammonia nitrate, with an option to expand if further power can be secured at economical cost."

First time I've seen that mentioned. You may recall when they 1st did the GA study back in April 2023 they were looking at the Chinese syndicate to help with funding for the GA project. The syndicate didn't participate in the Placement after pulling out after the new entrants showed up, they were part of that original $10m oversubscribed. Now they are looking at possibly expanding the size of the GA project, IMO tied in with this new partnership opportunity.

They posted the below on their Linkedin page, no mention of P4, just the Phosphate + GA

Expand

I think this is real

what craps me off is that the BOD keep putting out new juicy future maybes whilst not delivering on anything in the present.

We all know this is worth much more if the BOD can execute

I got in before consolidation and my worry was always the BOD who have no track record

GLTAH

MNB Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $63.26M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.1¢	$21.95K	306.6K

Buyers (Bids)

No.	Vol.	Price($)
1	3160	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	40000	2

View Market Depth

No.	Vol.	Price($)
1	3160	0.071
2	64285	0.070
3	159000	0.069
2	36457	0.068
1	20000	0.066

Price($)	Vol.	No.
0.072	40000	2
0.073	327281	2
0.074	140772	2
0.075	282258	2
0.077	1341	1

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