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Drilling activities at Minbos' phosphate project in Angola.

Minbos shares surge on merger talks

Shares in Minbos Resources surged on news it has entered into an agreement to sell half of the company to joint venture partner, Petril Projects, in exchange for full ownership of the Cabinda phosphate project in Angola.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
thMatador Mining0%0%
158thMindax85%-42%
273rdMiddle Island Resources34%-21%
278thMinrex Resources33%0%
768thMinbos Resources-57%-48%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/12/16
$0 Other
30/12/16
$0 Other
30/12/16
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

441st↓Matador Mining$0
442nd↓Middle Island Resources$0
443rd↓Minbos Resources$0
444th↓Mindax$0
445th↓Minrex Resources$0
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Minbos Resources

457thLindsay Reed$298k
591stBill Oliver$36k
254thPeter Wall$36k
Ranked by total remuneration from all listed WA companies

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