MNB 0.00% 5.8¢ minbos resources limited

due for a rapid revaluation

  1. 3,351 Posts.
    Chivovo - Resource estimate expected in 4th quarter
    Mongo Tando - Resource estimate expected in 4th quarter
    Cacata - Scoping study for DSO operation in Jan 2012
    Ueca - Resource estimate expected in 4th quarter
    Chibuete - Resource estimate expected in 4th quarter
    Kanzi - Resource estimate expected in 4th quarter, scoping study to commence
    Cabinda - Global resource estimate due in the 4th quarter

    ==================

    Peer review

    Legend Mining - 135MT @ 13.8% P2O5 = USD $104M Marketcap
    MBAC Fertilizer Corp - 82.8 MT @ 5.4% P2O5 = USD $194.6M Marketcap

    Minbos resources - 117MT @ 13.7% P2O5 and 22.5MT @ 21.4% P2O5 =

    AUD $25 Million Market cap!!!

    Investors have obviously gone looney. Minbos Resources has the lowest projected operating cost and the best logistics among its peers. It also possesses one of the highest head grades of any phosphate operation...it should be at least 4X its market cap with current resources.




 
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.