Minbos Resources Ltd


πŸ“‹ About: Minbos Resources (ASX: MNB) is sitting on a large phosphate resource in Angola that has the potential to dramatically transform the country’s food security and crop yields.

Phosphate is a key ingredient in fertiliser, and MNB will mine the raw phosphate rock, then truck it to a major Angolan port via existing infrastructure.

At the port, it will be enhanced and sold as a blended product to agricultural distribution networks across the country.

Minbos Resources Company Milestones

βœ… Portfolio Launch
βœ… Scoping Study
βœ… $2.3M Cap Raise @ 3c (after consolidation)
βœ… Finalise Contractors for Definitive Feasibility Study
βœ… Share Consolidation 20-1
βœ… Definitive Feasibility Study
βœ… Key Board Appointments
βœ… Strategic MoU with IFDC
βœ… Mineral Investment Contract signed with Angola Government
βœ… Results from IFDC Field Trials FY 20/21
βœ… Angolan Field Trials 20/21 Commenced
βœ… $7.3M Cap Raise @ 8c
βœ… Mining Licence Granted
🌎 Phosphate Price Surge
πŸ”„ [NEW] IFDC Field Trials FY 21/22
πŸ”² [NEW] Results from IFDC Field Trials FY 21/22
πŸ”² Environment and Social Impact Assessment Approved
πŸ”² Environmental Impact Assessment Approved
πŸ”² Complete Granulation Plant Design
πŸ”² Installation Environmental Licence Granted
πŸ”² Results from Angolan Field Trials 20/21
πŸ”² Offtake Agreement
πŸ”² Raise Capital for Plant Construction
πŸ”² Updated DFS Complete
πŸ”² Plant Construction Commence
πŸ”² New Milestones Added When Plan Construction Commences
βœ… [UPA 1] Investigating Zero Carbon Ammonia
βœ… [UPA 2] National Significance of Project
πŸ”² Unexpected Positive Announcement 3

Next Investors Investment Milestones

βœ… Initial Investment: @3c
βœ… Increase Investment: @8c
πŸ”² Price increases 500% from initial entry
πŸ”² Price increases 1000% from initial entry
πŸ”² Price increases 2000% from initial entry
πŸ”² 12 Month Capital Gain Discount
πŸ”² Free Carry
πŸ”² Take Some Profit
πŸ”² Hold remaining Position for next 2+ years

** Prices have been adjusted for the 20-1 share consolidation.

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. β€œOur investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.


πŸ”² Expected Milestone
βœ… Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
πŸŸ₯ Negative Result
🌎 Macro Event
πŸ”„ In Progress
βš”οΈ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

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