I think next 2 critical hurdles are MNB securing the remaining $11M, and Carrinho's MoU to be converted into a proper sales offtake (for IDC loan to actually be drawn-able).
The big question now is: Will these two be achieved, and when? No ETA yet, so it can be a month or two, or can be another 6+ months like with IDC.
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-5
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Mkt cap ! $47.58M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $13.09K | 242.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 163451 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 31421 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.5¢ | 5.3¢ | 67300 | ||
| Last updated 14.41pm 21/05/2024 ? | |||||
| MNB (ASX) Chart |