PHOSPHATE

$47M capped MNB to Build ~$80M EBITDA per year phosphate mine within 10 months?

Next Investors Jul 22, 2024

Our Investment, $47M market cap Minbos Resources (ASX:MNB) is about to build a phosphate mine…

$61M capped MNB Secures Funds to Build $70M EBITDA per year phosphate mine within 12 months?

Next Investors Apr 15, 2024

Our Investment Minbos (ASX: MNB) has been trading at a ~$61M market cap while the market waited to see it secure the funding to start building its phosphate mine in Angola.

MNB Signs Offtake MoU for 66% of Stage 1 Phosphate Production

Next Investors Jul 19, 2023

Our 2022 Wise-Owl Pick of the Year, Minbos Resources (MNB) signs an MoU for the off-take of 66% of its stage-1 phosphate production.

MNB building phosphate (fertiliser) mine as prices at record levels

Next Investors Oct 17, 2022

We like MNB because its phosphate fertiliser project in Angola looked like it could be constructed quickly and brought into production at a modest cost. Now, against a backdrop of record fertiliser prices, MNB today released its long awaited Definitive Feasibility Study (DFS). The DFS showed us some firm numbers to build the mine, along with calculations around the project’s value, with first production now scheduled for late 2023.

What market crash? Phosphate used in batteries now?

Next Investors Jul 30, 2022

We have a theory that modern markets swing a lot more quickly and wildly than 5 years ago - given the sheer number of new market participants and trading apps combined with the lightning speed of financial information flow.

Green-Hydrogen Ammonia is coming

Next Investors May 25, 2022

Using the existing in-country clean energy supply, MNB can now fast track its Green Hydrogen-Ammonia Project. Big industry players are starting to take notice, read our take on today's announcement.

MNB Planning a Zero Carbon Green Ammonia Plant - Leveraging Angola’s Cheap Hydropower

Next Investors May 12, 2022

Our long term investment Minbos Resources (ASX: MNB) is building a fertiliser project to tackle food security head on, and this week received support on a long term supply agreement of zero carbon hydroelectric energy from the local electricity operator.

Food security now a key global concern as fertiliser prices just keep rising

Next Investors Mar 11, 2022

The latest of these concerns is around supply chain shocks affecting fertiliser prices and a potential global food crisis. If there is one thing that the world can't live without its food.

In Depth: Phosphate Price remains above highest predicted price in MNB’s scoping study

Next Investors Jul 26, 2021

A deep dive into Minbos Resources (ASX: MNB) and how their phosphate (fertiliser) project in Angola stacks up now that the phosphate price has increased in value.