MBN
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0.00% 8.3¢ mirabela nickel limited

Ann: Q3 Activity Report for the Period Ended 30 September 2014, page-19

  1. ozbecool
    712 Posts.
    lightbulb Created with Sketch. 15
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    24/10/14
    10:57
    Post #: 14175451
    MBN's evarage cost is near US$ 9 / lb yet Niclek price in 2013/14 was ~ $8.5 and now is $6.80 and falling, yet MBN's stock price is sky rocketing now. Truly amazing divergence ... The way I see MBN as a business is 'going towards insolvency. They will be loosing $2 or so on every lb of Nickel they sell ! Great business indeed
    MBN Price at posting: 4.9¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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