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@chukBanks and Govt would know if growing season is missed - MNB...

  1. Merchant2000
    21,408 Posts.
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    07/08/24
    10:45
    Post #: 75104954
    @chuk

    Banks and Govt would know if growing season is missed - MNB will not have production cash flows to pay loans and running costs

    If 2025 growing season is missed (very likely ) then pressure for construction funding is eased as will then be focused on 2026 growing season

    Just a CR for running costs of $12m- $15m for next 12 months - then middle of 2025 funding talks can recommence once again


    IDC - is their a time limit that MNB has to utilise this facility etc How long can the IDC keep this loan approval open for ?????


    MNB Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
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