IMO ... From previous experience, Bradesco is not fussy. $50 million is peanuts for them, and as I said before, if anything, they will come to the party with more money.
The noteholders (unsecured?)do not have much of an option, other than wait for their money.
IMO it is pretty much a matter of re-arranging the finance and, as suggested previously, wait for better Nickel prices.
Do not forget, MBN has a stockpile of 12500 metric tonnes in inventory.
The party is not over yet folks! Hang in there.
IMO. DYOR.
MBN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held