Dec 17 (Reuters) - Minbos Resources Ltd MNB.AX :
* Update on disposal of Kanzi Project MNB.AX
* "Australian Phosphate Pty Ltd has up to date failed to pay the USD200,000 proceeds to Minbos which was due on 11 October 2015"
* Provided AFP with a material breach notice and have the right to terminate the agreement between the parties at any point in time
* Source text for Eikon ID:nASX9LnTMy