InvestSMART

Minbos Resources Limited (ASX:MNB)

ALERT: Price-sensitive ASX Announcement for MNB
Current share price for MNB : $0.017 -0.004 (-19.05%)+
Announcement
Release
31 Jul 2026 9:31AM
Price at Release
$0.021
Full Release
download
Summary
Minbos Resources Limited's quarterly cash flow report for June 2026 shows a net cash use in operating activities of $1,523,000 and a significant inflow from financing activities amounting to $7,357,000. Investment in property and equipment was $1,143,000, with cash reserves at $6,032,000 by the end of the quarter. The Cabinda Phosphate Project advanced with the completion of Phase-1 construction and a new phase-2 contract with Grupo Arliz. Financial bolstering included executing debt facilities with IDC and BFA and completing a $A4.0M placement to support operations.
Key Points
  • Net cash used in operating activities was $1,523,000 for the current quarter.
  • Net cash from financing activities totaled $7,357,000.
  • Investment in property, plant, and equipment was $1,143,000.
  • Cash and cash equivalents at the end of the quarter were $6,032,000.
  • First phase of construction for Cabinda Phosphate Project completed.
  • Debt facility agreements in place with IDC and BFA for project funding.
  • A$4.0M placement completed for additional working capital.
  • Phase-2 construction contract signed with Grupo Arliz.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.