Hi Guys,I am one of those opportunists that bought into MBN at...

Hi Guys,

I am one of those opportunists that bought into MBN at 1.5c believing that $400M in unsecured debt would be enough to force a solution on this one.

Nothing constructive to add right now.
just wanted to thank you for all the positive posts and updates on new information.

Phase one avoid insolvency - short term cash
Phase two recapitalisation plan
Phase three trade to prevent low ball takeover bid
Phase four operate at the lowest losing margins to stretch finance until nickel price improves.
Phase five operate at profit and start paying down debt

Will advise if I come up with anything original

Regards

U