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Ann: US$2.43M Tranche 2 Funds Received from FSDEA, page-21

  1. chuk
    15,719 Posts.
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    07/03/25
    13:09
    Post #: 78173714
    "The current news on Tranche 2 has not see a miraculous recovery in the share price as previously communicated by the uprampers. "
    Who said there would be a miraculous recovery on tranche 2 news? Why make things like that up?

    In any case, 9% up at lunch time with a 4.75 VWAP on a negative market day is nothing to be upset about. It could be that the market is starting to anticipate Bank BAI could follow soon. That should give us a much stronger move than 9% as it would allow stage 2 construction to begin with no delays to the construction schedule. Funded for stage 1 only is one thing. Majority funded for stage 2 is a much bigger deal and buys much more time to sort out the last few million required, eg by sorting out customer agreements and securing the IDC loan.
    MNB Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
4.2¢ 		Change
0.001(2.44%) 		Mkt cap ! $40.95M
Open High Low Value Volume
4.6¢ 4.6¢ 4.2¢ $67.95K 1.566M

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No. Vol. Price($)
1 7799 4.2¢
 

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Price($) Vol. No.
4.4¢ 17543 1
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Last trade - 15.50pm 20/06/2025 (20 minute delay) ?
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