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Minbos Advances Cabinda Project with US$3.6M Sovereign Funding Injection
4:11pm on Wednesday 30th of April, 2025 AEST
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Mining
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Minbos Advances Cabinda Project with US$3.6M Sovereign Funding Injection
4:11pm on Wednesday 30th of April, 2025 AEST
Key Points
Construction underway with major foundations on schedule at Subantando site
Received total US$3.6 million funding from Sovereign Fund of Angola
Cash reserves stand at AU$12.5 million with zero debt
No exploration expenditure during the quarter
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