MNB 0.00% 6.5¢ minbos resources limited

undervalued phosphate play

  1. 3,351 Posts.
    I seriously suggest investors to have a look at this play and do your due diligence. Been looking at their flagship project, share structure and people..am truly surprised that it is sitting on such a low market cap!

    This is a real sleeper with the former head of Dyno Nobel leading it and in the midst of a massive delineation program to confirm about 350mt to 535mt of phosphate at shallow and high recovery levels.

    With potash and phosphate being the new "it" sector based on strong fundamentals and macroeconomic trends, a rerate beckons. Wonder if the Sprott Asset Group will buy in this play too...

    In my opinion, there is a significant upside here. Read up on all their announcements and understand the phosphate market..it does become clearer.
 
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Last trade - 14.21pm 02/09/2024 (20 minute delay) ?
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