Ann: Minbos Reaches Performance Milestone , page-3

what a joke they extended the period for the performance shares in the first place, thats why they are called "performance" shares, if you dont perform you dont get them

pity there was not a clause in there that adjusted for the equity we have lost in Kanzi. When the agreement was signed we had 100%, went down to 65%, now its likely we end up with 49%....but dont worry the vendor still gets his full share of performance shares

not to mention we are still waiting for the revised JORC for Cabinda, as soon as they reached the performance milestone for that they pretty much forgot to release it...12 months waiting now

I agree phosphate stocks are doing it tough but MNB has taken it to a whole new level. Not many others have lost 80%+ of their value in 4 months. Great work MD, you've had a real game changing impact