here here mattyedw
You are a real positive guy!
How can the govt bluff and stall US$11M and lose a $5B regional economy here? What do they know to call this bluff, do they read HC also?
There has to be a settlement for everyones best interests, if Brasil are the good wolves (brasil consulate is walking distance from Wellingtons Boston HQ) then that would make sense why the CEO CFO have been left on and why Brasil Govt is playing chicken with the lives of 100,000 people at stake over brasils 2nd largest foreign owned mine, sure brasil would love to have it back dirt cheap and sell conc to the chinese so again this makes sense.
the real question is why is the brasil govt playing chicken at all and thinks this is a claytons shutdown? WHat info do they have to know MBNs COP and is this a blackmail attempt that will work?
Clearly the parties need to resolve this amicably and relist to avoid a huge spat and loss for all, thats what grown ups would do. Or just bid at 14c on the ASX to force a relisting, better now than if the NP & BRL goes to 4.50, that price would have to go higher if that occurred. The good wolves are very patient, if it were me, i would move now before the LPM or C&M was implemented.
If it were insolvent, they would have done a Dick smith and shut down in first few weeks, announced large losses on the financials as audited and put it under asap...totally different from here. Its all very fishy and has been since July 2014.
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