MNB 1.56% 6.3¢ minbos resources limited

undervalued oversold, page-9

  1. 297 Posts.
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    Especially when the arguments the said poster uses are baseless. He claims Minbos 'do nopt have Kanzi'. The Kanzi deposit straddles two concessions. (See below)




    12040 (red) covers the southern portion of Kanzi. It is wholly owned by the companies DRC subsidiary, AGRIM. This is where the 46Mt @ 17.2% P2O5 (including 31Mt @ 21.4%) comes from.

    1449 (blue) covers the northern part of the deposit. It is an application as part of a package of concessions yet to be granted. As such it is not included in the resource estimate. Upon being granted it will immediately increase the Kanzi resource. Although I believe it will be a JV and not 100% MNB.

 
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