The way I see it, in my own naïve way and IMO, is that at the moment MBN is valued at $14.1 million considering SP @ 0.016. It can/may go lower once start trading again, hence my understanding is that MBN will not cancel the suspension any time soon, because anyone could buy a large chunk of the entire share holding very cheaply. Considering MBN also currently has $50 million in the bank, and an enormous amount of money invested in the mine itself, it would be a very cheap company for anyone with some lazy $10 million lying around.
Therefore I am not holding my breath, expecting shares to start trading anytime soon ...
If I had $10 million I would buy MBN .... so, management will not take the risk of letting the entire company go for only $10 million ....
Just the mine replacement cost is a small fortune ...
MBN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held