Ann: Administration and company update, page-4

I have sought information on the fate of Mirabela Nickel (MBN), whose shareholders also suffered a DOCA. Although on a much smaller financial scale, MBN's problems were similar ie debt and low nickel price. The price of nickel has remained too low for a recovery, MBN failed to pay ASX fees and has remained delisted, with the mine under C&M, for 2 years. Posters are still active on HC and hoping for a resurgence. Like our first restructure proposal which was intended to cover running at a loss until late 2019, success of MBN's DOCA also depended on their mine becoming profitable in a similar time frame. That has not happened. Will the parallels continue with PDN if the sp of uranium does not get well over $30?