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Ann: Quarterly Activities Report and Appendix 5B, page-274

  1. Merchant2000
    24,969 Posts.
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    13/05/25
    08:50
    Post #: 79017333
    @wave3andabit

    How much cash on hand do MNB have today for running costs - Staff and admin ???

    Hilarious how we were told that SWF funds will pay most running costs and then we see $2.9m in staff and admin in 1st qtr of 2025 - when barely a few holes have been dug up by 31/3/25

    Looks like all are in denial and the above is forbidden for discussion

    31/3/25 Cash on hand was mostly for construction only

    How can MNB secure loans when its balance sheet is in turmoil ???

    MNB cannot see out the next 2 quarters with current cash on hand

    Can construction continue when MNB do not have 2 quarters of cash on hand ??? Can MNB remain listed with its current cash position for much longer ??

    Resolutions in place for another CR - survival at any cost

    Agree the baron and Chuk have tried hard to discredit others here - its not woking - refer sellers depth at 4c today


    IMO



    Last edited by Merchant2000: 13/05/25
    MNB Price at posting: 4.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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