MBN mirabela nickel limited
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possible default on debt, page-12

  1. Warnie
    17,310 Posts.
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    02/10/13
    10:43
    Post #: 12396873
    Yes they would be but cant see any holder wanting to convert.

    If in default, the note holders can ask for their investment plus interest on demand.

    That being said, they would also sink themselves and the company in the process.



    MBN Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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