It appears that not even the KordaMentha geniuses are able to make sense of the mess that MBN management (...and I use this word in lower case as a reflection of their capacity...) put the company thru.
How I am hoping that ASIC is working closely with KM to try understand this entire mess, and revert their proposal.
With Nickel price rising, MBN can go back to being an ongoing concern, make enough money to pay its debt and leave us shareholders in possession of the company that is ours.
May be Mr. Ian Purdy should not be allowed to resign after all.
MBN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held