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Minbos Resources Limited
(Sydney:MNB)
Minbos Resources Limited (MNB) vs. iShares MSCI Australia ETF (EWA)
Minbos Resources Limited Business Overview & Revenue Model
Minbos Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.65K | 0.00 | 0.00 | 95.68K | 0.00 | 2.10K |
| Gross Profit | -129.13K | -265.38K | -224.49K | 12.46K | 0.00 | -2.20K |
| EBITDA | -9.21M | -10.32M | -8.20M | -4.30M | -747.22K | -4.21M |
| Net Income | -8.42M | -9.74M | -7.54M | -4.58M | -804.62K | -4.16M |
Balance Sheet | ||||||
| Total Assets | 38.17M | 40.73M | 26.28M | 36.78M | 15.18M | 7.87M |
| Cash, Cash Equivalents and Short-Term Investments | 8.33M | 12.86M | 4.60M | 17.47M | 3.64M | 6.83M |
| Total Debt | 761.94K | 750.13K | 57.90K | 125.23K | 158.03K | 0.00 |
| Total Liabilities | 1.85M | 3.61M | 1.91M | 1.16M | 1.54M | 313.05K |
| Stockholders Equity | 33.28M | 35.78M | 25.94M | 35.63M | 13.64M | 7.55M |
Cash Flow | ||||||
| Free Cash Flow | -15.54M | -12.87M | -16.27M | -8.49M | -11.46M | -2.89M |
| Operating Cash Flow | -10.71M | -10.32M | -9.51M | -1.61M | -1.99M | -2.02M |
| Investing Cash Flow | -4.96M | -5.16M | -6.77M | -7.83M | -6.99M | -861.18K |
| Financing Cash Flow | 20.53M | 23.78M | 3.09M | 23.74M | 5.74M | 9.01M |
Minbos Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$42.95M | -2.94 | -15.13% | ― | ― | 23.60% | |
52 Neutral | AU$124.42M | -3.83 | -32.57% | ― | -100.00% | -477.06% | |
48 Neutral | AU$227.38M | -27.61 | -27.55% | ― | -71.00% | 9.44% | |
43 Neutral | AU$41.44M | -6.89 | -13.86% | ― | ― | -12.34% | |
42 Neutral | AU$28.42M | -2.86 | -27.12% | ― | ― | ― |
Minbos Resources Limited Corporate Events
Minbos Resources Limited has lodged a notice of proposed securities issuance with the ASX, outlining plans to issue up to 21,567,235 options, designated MNBOC and expiring on 15 December 2028, via a placement or similar form of capital raising. The options, expected to be issued on 20 February 2026, form part of the company’s broader funding strategy and reflect ongoing efforts to access equity markets to support its operations and potential project development, with the structure subject to ASX quotation processes under the listing rules.
The most recent analyst rating on (AU:MNB) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Minbos Resources Limited stock, see the AU:MNB Stock Forecast page.
Minbos Resources has updated the timetable for its recently announced Share Purchase Plan, delaying the opening date and dispatch of the offer booklet to eligible shareholders to 29 December 2025. The revised schedule sets a new closing date of 2 February 2026, with prospectus lodgement for accompanying options on 5 February, allocation of new shares and options and results announcement on 6 February, and normal ASX trading of the SPP shares expected to commence on 9 February 2026, giving investors clearer visibility on the capital raising process and associated securities issuance.
Minbos Resources has secured a waiver from the ASX to proceed with its planned share purchase plan (SPP) without requiring shareholder approval, aligning the SPP with the terms of a recent placement at an issue price of at least A$0.026 per share and capping new shares at 30% of existing capital. The waiver also allows directors to participate in the SPP on the same pricing and scaling terms as other shareholders, enabling the company to broaden participation in its funding initiative while remaining within ASX and ASIC regulatory parameters and potentially accelerating its capital-raising timetable.
Minbos Resources has released a holdings range report for its MNBOC listed options, showing that as at 15 December 2025 a total of 117,864,951 options are on issue, held by 71 holders. The distribution is highly concentrated, with 50 holders in the 100,000-plus bracket controlling 98.55% of the options and only 21 smaller holders collectively owning the remaining 1.45%, indicating that the company’s derivative securities are predominantly in the hands of larger or more sophisticated investors, which may influence liquidity and trading dynamics for these options.
Minbos Resources has released an updated top holders report for its listed options (MNBOC), showing that the 20 largest option holders collectively control 92.11% of the 117.86 million options on issue. The register is highly concentrated, with Palisades Investments Ltd alone holding 45.68% of the options, and several other investment firms, nominee companies, and private investors making up the remainder, underscoring a tightly held derivative structure that could significantly influence future capital-raising outcomes and trading liquidity in the company’s options and underlying shares.
Minbos Resources Limited has applied to the ASX for quotation of a new class of listed options, with 117,864,951 options to be issued, each exercisable at $0.04 and expiring on 15 December 2028. The move significantly expands the company’s listed equity derivatives and provides a potential future capital-raising mechanism, giving investors additional leverage-based exposure to the company’s shares and signalling an effort to deepen liquidity and broaden its capital structure ahead of longer-term strategic objectives.
Minbos Resources Limited has announced an update regarding its Share Purchase Plan, initially disclosed on December 5, 2025. The company is awaiting a decision from the ASX on a waiver application related to Listing Rules 7.1 and 10.11, which will determine the revised timetable for the plan. The outcome of this decision could impact the company’s financial strategy and shareholder engagement.
Minbos Resources Limited has announced the issuance of 117,864,951 unquoted equity securities as part of a previously announced transaction. This move is part of the company’s strategic efforts to enhance its financial standing and support its ongoing projects, potentially impacting its market positioning and offering opportunities for stakeholders.
Minbos Resources Limited has issued a prospectus for the offer of up to 117,864,951 new options to participants in a placement, providing one free attaching new option for every share subscribed. This transaction-specific prospectus is designed for continuously quoted securities and highlights the speculative nature of the investment, urging potential investors to seek professional advice. The company emphasizes its compliance with continuous disclosure obligations and advises investors to consider publicly available information before making investment decisions.
Minbos Resources Limited has announced an updated timetable for its Placement and Share Purchase Plan (SPP), initially disclosed on December 5, 2025. The revised schedule includes key dates such as the opening of the SPP on December 17, 2025, and its closing on February 2, 2026. This adjustment in the timetable is part of the company’s strategic financial planning, potentially impacting its capital structure and offering opportunities for shareholder engagement.
Minbos Resources Limited announced the issuance of 117,864,951 fully paid ordinary shares at $0.026 per share to sophisticated and institutional investors. This move is part of a previously announced placement and complies with relevant sections of the Corporations Act, indicating transparency and adherence to legal requirements.
Minbos Resources Limited has announced the quotation of 117,864,951 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of previously announced transactions. This move is expected to enhance the company’s capital structure, potentially improving its market position and providing additional resources for its ongoing projects in the agricultural sector.
Minbos Resources Limited has secured $3.36 million in funding commitments from institutional and sophisticated investors to support its Cabinda Phosphate Project in Angola. This funding, along with a proposed $1 million Share Purchase Plan, positions the company to continue its project development and meet strategic and regulatory obligations. The funding will ensure operational continuity and facilitate the transition into full project execution, with key milestones expected in early 2026. The placement involves issuing new shares and options, with participation from company directors and managed by Alpine Capital Pty Ltd.
Minbos Resources Limited has requested a trading halt on its securities pending an announcement related to capital raising and financing updates. This move aims to provide clarity to the market and stakeholders, with trading expected to resume by December 5, 2025, or upon the release of the announcement.
Minbos Resources Limited is making significant strides with its Cabinda Phosphate Project and Capanda Green Ammonia Project in Angola. The Cabinda project benefits from government-backed infrastructure developments and financial support from the Angolan Sovereign Wealth Fund, with construction underway and initial shipments expected by the first half of 2026. The Capanda project, supported by a memorandum of understanding for hydroelectric power, is attracting international investment and aims to supply ammonia-based products to local and regional markets. These initiatives position Minbos to expand its market presence both locally and internationally, enhancing its impact on the agricultural and mining sectors.
Minbos Resources Limited has announced a strategic update for its Cabinda Phosphate Project, highlighting an accelerated production strategy that involves using unprocessed phosphate rock, which reduces upfront capital expenditure by approximately $20 million. This approach allows for earlier production and sales, as some customers have agreed to accept the unprocessed product. The company is evaluating logistics options for ship loading, with the first shipments expected in the first half of 2026, potentially enhancing its market position and operational efficiency.
Minbos Resources Limited has signed a binding agreement with Talus Renewables Inc. to jointly develop the Capanda Green Ammonia Project in Angola. This collaboration aims to enter a European green ammonia procurement process, utilizing Angola’s renewable energy advantage. The project will support both export and domestic markets, enhancing Minbos’ position in the green ammonia and fertilizer sectors. The initiative is expected to accelerate the company’s market entry and provide competitive pricing for local agriculture and mining industries, with first sales anticipated in Q1 2028.
Minbos Resources Limited announced progress in its Cabinda Phosphate Project, with significant developments in its financing and company structure. The conversion of its Angolan subsidiary to a public limited company has been approved, and the company is in the process of buying out minority shareholders, which will increase its equity in the project. Despite delays in securing funding from Banco BAI, the company is confident in maintaining financial stability and has adjusted its construction schedule to conserve cash. Additionally, the IDC has restructured its loan agreement, increasing the loan amount and extending the term, which is expected to reduce the project’s funding requirement by approximately US$4 million.