If my memory serves me correctly MBS have a Remagen first mortgage loan for $11m. A $10m second mortgage loan from our largest shareholder.
A valuation once Gin Gin is completed for $56m and a MC of $3.34m. With completion of Gin Gin now assured i would suggest a re-rate is on the way once Gin Gin is operational. TED15 please delete the mean spirited comments as I enjoy reading your informative posts
If my memory serves me correctly MBS have a Remagen first...
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