announcement now 25th feb aussie time, page-7

It is good news, after all ...

I suggest (IMHO) that all of us shareholders do not panic and sell our shares early in the piece. I believe, with nickel prices on the up, that MBN SP has all the qualities to appreciate over the short to medium term. If you are not desperate for cash, IMHO, I would hold on till SP reaches a reasonable amount.

If with the recap/restructure we also get offtake agreements for 100% of the concentrate, then Bob is our uncle.

On resuming trading, if all boxes ticked

Finance
Restructure
Offtake agreements
Mine Operational

Then, I can see the SP getting to between 0.12 to 0.16 on the first trading day.

This is IMHO ... Please, DYOR before you take any action to trade on MBN.