I think the trading halt announcement tells what will happen: "company AND operational" update. In other words, the operational side means they after they fulfill any current obligation they will go on care and maintenance so as not to burn more cash while they attempt to refinance/wait for nickel price to improve. I had an order to sell my remaining holding on the close on Friday but pulled it at the last minute in a vain hope that it WASN'T a dead cat bounce (even though I had previously posted that it probably was!). Just another lesson that "hope" and emotion has no place in trading...
MBN Price at posting:
1.6¢ Sentiment: None Disclosure: Held