The top 20 can’t get out, the low volume now denotes a huge risk, a break under 5.6cents could see far more downside.
chuk stated loan well advanced with bank in July it’s now October, so called other milestones achieved have not delivered any construction.
Minbos could run out of cash shortly, estimation of cash left was one and half quarters with Minbos guestimates there is doubt that that could be correct.
Alternative funding negotiations there is no news.
No one in Australia is interested in funding it.
MNB Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
