"After all this long time the IDC loan is still not forthcoming...

"After all this long time the IDC loan is still not forthcoming and with each passing day seems a less likely outcome."

If IDC loan is not granted, it will be a disastrous outcome, regardless of other events unfolding. Many posters here have used the fact that IDC advised that they only consider loan applications with a good chance of success to form a strong belief/confidence that the IDC loan will be granted. So if it's not granted, it means MNB is in the minority of losers that don't get their funding (since it's more likely than not a borrower being seriously considered by IDC gets the loan approved, according to IDC themselves).

And not just that. A rejection from IDC also conclusively shows that MNB leaders are terrible and don't know what they are doing. If this happens, it will no longer be an opinion, it will be a fact. A confidence/faith crisis would not be a good foundation for this company to grow in the future, when every positive announcement will likely be met with skepticism and only when actual money is raised or revenue earned will it receive a significant boost.

Hopefully this won't materialise.