MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Suspension from Official Quotation , page-26

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  1. 642 Posts.
    Evopilot
    "Good news is they have taken my advice and will cease mining operations to stop cash burn so they can continue to service debt."

    Ceasing operations means no cashflow to service debt-Can't find good news in that-
    Stop mining to stop cashburn-That's a new one, tes i know they were running at a loss but IMHO this may be a second event that may trigger a default, not to mention the stock in suspension.

    Plus am not sure they took your advice ;)

    fort

 
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