MBN 0.00% 8.3¢ mirabela nickel limited

Ann: MBN Plant Shutdown, page-17

  1. 712 Posts.
    lightbulb Created with Sketch. 15
    I said months ago that MBN is near bankrupcy. Question: why didn't they address safety issues properly ? Answer: cutting corners. WHY ? because they want each $ they can get. WHY ? because Nickel is so low now that they probably still keep losing money (after all costs are added up). And one more thing : price started dropping few days ago - so someone knew again what's coming. And that huge, huge debt - uff. .... What a toxic stock this is.
    Last edited by ozbecool: 12/05/15
 
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.