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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 28/02/19

1 year TSR5 year TSR
412thNelson Resources-23%
432ndMatador Mining-27%
582ndMinbos Resources-47%-20%
803rdMinrex Resources-79%-24%
814thMeteoric Resources-82%-22%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$19k Bought
06/06/18
$87k Issued
30/12/16
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

433rd↑Matador Mining$0
434th↓Meteoric Resources$0
435th↑Minbos Resources$0
436th↑Minrex Resources$0
437th↑Nelson Resources$0
487 listed resources companies ranked by revenue.
Source: Morningstar

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