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8.3¢ mirabela nickel limited

All over done and dusted, page-728

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AlCp

27,809 Posts.

1793

26/06/18

18:11

Post #: 33962433
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Originally posted by ccdavid ↑

If during 2015 that the deal is closed and settled at 250 m, we could have
Gotten something infact more than 8c. In 2015, interest on the connotes is
Only 2 years therefore barely 20 million. Plus bradesco debt of 50m.
Total. Owing. 113 m + interest of 20m + 50 m = say 190M.
Now we also got 25m from norilsk. So we could have shared
250 + 25 - 190 = 85 M US$ = 115 M A$ = 10c plus a share. Why do
they say we get nothing at 250 M.

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From memory, the VA report listed total liability of $250M USD......I am still questioning that $25M USD from Norilsk.......if true, even more dodgyness.

MBN Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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