Well these major secure creditors are also the majority share holders so.......
And that measly $37M USD "bid" was from one of the secure creditors/substantial share holders after it went to VA, no wonder it was quickly rejected by the others.
Agree, all the numbers they made public about their operation cost shows the mine is worth at least $350M USD (and that is still very cheap), how they only manage to only get $250M USD (even if it was a year ago) is beyond me given all the numbers it doesn't add up at all.
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held