MBN
Click for more information
0.00% 8.3¢ mirabela nickel limited

possible default on debt, page-12

  1. Warnie
    17,233 Posts.
    lightbulb Created with Sketch. 954
    clock Created with Sketch.
    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
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Strong copper-gold surface results confirmed at Fortuna Project, revealing significant mineralisation potential
right-arrow Created with Sketch.
NEWS $25M secured to fuel growth, see which company is making big moves
right-arrow Created with Sketch.
AHK New MRE update reveals significant resource uplift at Sandy Mitchell—discover the details
right-arrow Created with Sketch.
CC9 Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
right-arrow Created with Sketch.
NEWS Regulatory approval granted for drilling at high-grade lead and silver project—drilling set to begin soon
right-arrow Created with Sketch.
NEWS High-grade copper assays continue to impress—resource update coming soon
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.