I agree ideally MEL needs to move on from KBC. I'm just not sure whether that means they will need to also re-finance the Glennon facility as KBC /Glennon looks like a joint facility.
If MEL can keep KBC happy for a while and get some cashflows established then definitely a good time to look for a new financier.
As dumb as it sounds apart from the pesky default the KBC terms are actually pretty good.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 19285488 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10613886 | 10 |
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| Last trade - 10.04am 20/06/2025 (20 minute delay) ? |
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