MBN 0.00% 8.3¢ mirabela nickel limited

price predictation, page-3

  1. 5,618 Posts.
    Been advised that funding will be finalised next week, that'll get that cloud out of the way, hopefully.

    I'm probably missing something here guys but my understanding is that MBN is heavily hedged to the tune of $8/lb for all nickel production until end of 2014!!

    Doesn't that mean they're in a win/win situation with current price about half that?

    Be interested in your comments to set me straight.



    Regards,
    beast (nick change in the pipeline :)
 
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