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Ann: Quarterly Activities Report and Appendix 5B, page-269

  1. Merchant2000
    24,969 Posts.
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    12/05/25
    18:03
    Post #: 79012373
    @chuk was pumping a healthy $12m cash balance at 31/3/25

    knowing full well that most of it was SWF money for construction

    $2.9m for staff and admin - March qtr

    No way have $6m for above alone next 2 quarters


    So many misleading scenarios just to support a positive narrative after 80% drop in SP

    Another CR inevitable

    No way bank will lend or SWF guarantee if mnb dont have cash for running costs ahead

    resolutions announced to market for massive dilution

    imo
    Last edited by Merchant2000: 12/05/25
    MNB Price at posting: 4.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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