IMO the rise today was on the back of shorts being covered, the volumes were not large enough to sustain and that's probably why it has slipped down in the afternoon.
Quarterly was good enough to offer the dangerous 'hope', particularly if Nickel prices pick up, which is what MBN really needs.
"The cash outflow was offset by the draw-down of the US$50 million Banco Bradesco S.A. working capital facility, and US$5.20 million Atlas Copco Customer Finance facility."
So we can assume they owe an extra 55m.
I also note the mention of 29m in trade receivables, yet no mention of trade payables.
The above should be clarified in the quarterly cash flow
MBN Price at posting:
47.8¢ Sentiment: LT Sell Disclosure: Not Held
