is today the day we've been waiting for?, page-14

Cash cost for last quarter was $6.09 per pound.

Realised nickel price $4.48

Cash and Debt
Mirabela closed the fourth quarter with cash on hand and on deposit of US$30.74 million. The decrease in cash on
hand from 30 September 2013 (US$69.77 million) was driven by a combination of factors including: negative cash flow
from operations

As far as i can see, it's losing money on every pound of nickel it sells.

It doesn't have a buyer that is paying current nickel cash prices.