MNB 1.89% 5.4¢ minbos resources limited

Ann: Continuation of Suspension, page-15

  1. 6,921 Posts.
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    I wonder how much money Minbos secured (and currently has sitting in escrow) from the CR prior to this trading halt?

    Assuming this thing (the strategic investor or whatever it is) doesn't eventuate, most of the Argonaut participants will almost certainly attempt to withdraw from the process unless they have already signed binding paperwork (and even then, they might try to wriggle out). The CPS participants have already handed over their cash so obviously they have no way of escaping. Not sure how much cash that will amount to though. Probably not more than several million.

 
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