MBN mirabela nickel limited

Tomboys Creditors Meeting Report, page-282

  1. 3,914 Posts.
    I am talking about the 115M convertible notes loan deal, as part of the loan deal MBN only received 55M of borrowing (and I think only 38M was left after financing cost) so that deal is extremely good so I don't know what they are complaining about, they get 115M + interest and if MBN's pps goes above 16c, they can convert it to shares and sell it for even more and potential get more than the 115M + interest and only forked out 55M borrowing.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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