MBN 0.00% 8.3¢ mirabela nickel limited

@jantimont, I think there world probably be terms associated...

  1. 306 Posts.
    @jantimont, I think there world probably be terms associated with the release of the funds by the gov, I would think they would pay in tranches for defined periods for keeping the mine open. I.e. An incentive based approach. Giving all the money with no to course is unlikely as the gov would absolutely not want to give the money now and see the mine close regardless - it would be a disaster.

    I for one think it is in the best interests of all to restructure the terms of the debt, continue on a business as usual basis as we are in a much better place now than we were when we entered VA/VR. More cash, better price outlook...
 
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