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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-425

  1. chuk
    13,771 Posts.
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    20/04/24
    10:17
    Post #: 73436358
    Regarding a few posts here talking down the IDC loan because it contains preconditions.
    A4N also announced a loan this week - from the Australian government. A4N has a market cap of a billion dollars.
    Below are some of its preconditions.
    https://hotcopper.com.au/data/attachments/6114/6114661-a06f489aae9a2ca5c046e8d5dd40e75d.jpg
    https://hotcopper.com.au/data/attachments/6114/6114679-cf377d69c8bd36353055c8a1999f16da.jpg


    The approval of the IDC loan is a big positive for MNB. The sp is down below 7c because of the cr. That will only have a short term impact.

    The funding of the project has taken a big step forward, no matter how much a few here try and spin it otherwise.

    MNB Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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