MNB minbos resources limited

Our current market value is laughable when you put it in that...

  1. 514 Posts.
    lightbulb Created with Sketch. 245
    Our current market value is laughable when you put it in that light chuk..
    The first rough comparison that comes to mind is Province Resources, PRL, current market cap around $145M, majority of which is for their green hydrogen project in WA, looks like it could be a great project, but the highest cost portion of the project (the renewable power) is not even built as yet!! So over double MNB's current market cap for both our cracking nutrient supply/phosphate project and the green ammonia project combined!!!

    Whereas we (MNB) have already been allocated 100MW of the 3rd cheapest renewable energy in the world to power a green ammonia plant where the Angolan government has already more or less approved an area to build the plant.
    Won't be surprised if we announce a European joint venture partner this year some time to build the ammonia plant...


    Last edited by MrLamby: 31/01/22
 
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