This transaction has been a long time in the making and has cleared the path for Minbos to accelerate the development of their high grade Cacata Phosphate Project.
Minbos Resources Limited
Minbos Resources Limited (ASX:MNB) is an ASX-listed exploration and development company focused on phosphate ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC. Through its subsidiaries and joint ventures, the Company is exploring over 400,000ha of highly prospective ground hosting phosphate ore. Minbos is focussing on the development of the high grade Cacata project in Cabinda whilst growing its current resource base in incremental stages on the remaining deposits in Angola.
Minbos Resources (ASX:MNB) - Management update: Minbos is developing the high grade (26% P2O5) Cacata rock phosphate project in Angola. We interviewed CEO, Lindsay Reed, for an update on the progress of their BFS, bulk sample test work results as well as the development of the Porto de Caio which Minbos plan to use to export phosphate concentrate.
Minbos Resources (ASX:MNB) is developing the high grade (26% P2O5) Cacata rock phosphate project in Angola. As Minbos has been under coverage for 12 months, we completed a: Review the company's progress during the past year, highlight the targets for the next 12 months and provide an updated valuation for the company.