Hence why would the creditors who are substantial share holders who are majority share holders who swapped 65% of the $455M USD debt for shares won't wait for PoN to get back to $7US/lb, provided C&M isn't costing them that much (which usually cost around $1.5-2M USD per quarter)? Fact and logic.
The only issue is the re-start up cost but they supposedly still have that $11M USD VAT refund to help them with that? Fact and logic.
We have been here for 1.5 years........
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held