We all know the mine was supposedly sold since December (and haven't heard anything since, hence why there is a plan to hire a corporate lawyer to send them a letter asking what is going on).
The legal battle isn't with the former directors, it's with these major creditors/majority share holders if they somehow shaft us and sell it to themself through a 3rd party entity (which isn't independent to themself)
If they decide to sell it to another totally independent 3rd party, fair enough and this isn't an issue but why would they do this and loss hundreds of millions USD with the PoN seemingly recovering which they've been waiting for 2+ years, low production cost and capital expenditure and 250Kt of JORC nickel in concentrate resource.....you do the maths how much this mine is worth.
And I doubt the receiver and liquidators fees will be even more than $1M for the 2+ years so not sure why you said this????
BTW, I am still waiting for that screenshot.......
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
