Another few points
BRL 3.42 down another 2% overnight, its collapse unstoppable, v 3.07Q2 thats now a 12% bonus on Q2, NP 5.42 v 5.07 is only 8% lower. Better than Q2.
The brazil govt website stat3d 600 staff now, up from 540 stated only 2 months ago.....hiring 50 new staff in secret
why hire more staff if its bad, why ramp up production, why spend $15M discretionary capex if not expecting income n sales impending.
massive increase in tailings dam means massive inventory increase as no need otherwise...waiting to be loaded, imho some $60M cash sitting there in secret.
safe n stable MBN....excellent financial management. Wellington impressed, user23....margin expansion from 18% Q2to 25% Q3. Excellent, no ni miner globally can claim this.
MBN is a global ni leader. Believe it.
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