Ann: Quarterly Activities Report and Appendix 5B, page-271

Contract signed for construction did not include staff and admin costs for mnb or running costs

No more lies

Evidence last qtr $2.9m costs

$12m cash on hand at 31/3/25

if most of this is swf funds for construction- how can mnb now have 2 quarters of cash for running costs

These are the facts - no lies

Mnb need to raise capital for running costs ahead

BAI or IDC will imo not lend funds if mnb dont have running costs

why would SWF guarantee BAI loan under this scenario??


Cash is a burning fast - $2.9m just last quarter

How much cash do they have left from desperate last 3 CR's

If loans are for construction- how can mnb remain listed if it does not have cash for running costs ??

Above is reality and facts


@wave3andabit