It said they are working with the lendersLooks like they will secure more capital to me. Banks don't give up and get pennies for the dollar. Project is already built. But thanks for your shares.
Although MBAC believes that a long-term solution will be achieved in due course through the strategic process, the Company's ability to continue as a going concern is dependent on obtaining additional working capital funding in the immediate term. The Company continues to work with its senior lenders to obtain the required funding in the short term.