Cornerstone investor or going to market...
Either way it will need to be a capital raise
Let’s face it, no point in bringing in a cornerstone investor in exchange for % of their company or a % of a JV or in exchange for their IP or services. Cornerstone investor will have to part with cash to allow MNS to keep the lights on in 6 weeks (arguably sooner if suppliers start demanding COD in light of limited cash reserves).
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Ann: Response to ASX Appendix 5B Query, page-40
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