MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Change in substantial holding, page-38

  1. 9,814 Posts.
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    No way am i selling here, rubbish!
    My TP is not 23c, its well above that,

    I have posted before i will skim 30% of my holding at the 2nd TP which i think is 33c-44c-50c. Not here no way here at 14c. The 3rd TP is somewhere 50c-100c which i call the plateau phase which will last min 3 months to allow an orderly exit and counter-takeover.

    23c was the rally point last time July 2014 on the 4c to 44c to 4c rollercoaster ride, as ive posted before the pivot points are at 23c, 33c 44c 50c-100c (unknown somewhere in there). The resistance points have been 12.5c and 17.0c not 13c-15.5c which are fake manufactured pivot points to get sellers flushed out.

    My point to the rebels team is not to get sucked in low & place offers to sell above that point as looks like some have today sold cheap again and got swiped again cheap. Nervous nellys. If you have to cash a small sum for the bills then do it above offscreen at 17c or 23c but dont sell the farm below it especially not at 14c.

    Hold the strike, dont be fooled, this is just the start of the test burns and code 7 flushups, its groundhog day, its happened before, it will happen again. They are playing the same script again, the same tactics to test the resolve of the longs.

    As for the DOCA deed, ineligible shareholders are all those that had bond debt converted to debt not the ones who bought onmarket since relisting like 37M of Wellingtons 57M shares, read the DOCA, the untraded NHs account for 98% of the shareholders and those are ineligible to cashout unless by the COI until 2019. You are substantially understating the COI court ordered process.

    lets wait for the spike. These test burns are loud and a sight to see after a month of bore us to death mexican standoffs phase 2, but it means the buyers at 14.0 dont want to keep it at 14.0 they want much higher and looks like the path is clear to 20.0

    Look at those offers onscreen, there nothing there at 15.0 16.0 even 17.0, where are the onscreen sellers? got flushed out at 14.5c again, now they patiently wait for the onscreen offers to build at 14-16.5c again.

    With NP spiking against the rising US$ Stevensons predictions look spot on of a June start to his N3 Eclipse event of a tripling of the NP by end 2016. If NP rises again tnt and US$ rises, then we will have another NP breakout move maybe past 6.00 shortly onward toward 6.50 then 7.00. Stevenson said June and here we are.

    The drop to 13.5c was fake see now, its 14.5c again They are playing with this like a cat and mouse and they have massive volume and bids offscreen to use, they are now manipulating the upside, they have their instructions and are using them at will now, looks like a few instos and the Wolf who attacks at will now, the road has been cleared to 20.0. They are wiping the onscreen offers and trying to get you to move your offscreen offers to onscreen with this volatility,

    its a pre-spike pattern, dont get sucked into it. Wai and sit patiently for the real rocket ride. We are long, dont get Punk'd cheap. Dont get played & fooled again cheap.
 
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