A thing to remember too is that on paper mbn are making small profit but spending equally, although it is in a great position. Until we have a quarterly with absolute outstanding results and no little niggly circumstances which are causing un certainty like plant shut downs, cap raisings, capex consuming a large pot of cash.
I beleive next qtr will be the result we need to get the confidence and reassurance from retail investors, due to the reduced mining costs that will be incurred and the stock pile of product being 15000t or the 16% of that 15000t it will be a good profit on paper.
MBN Price at posting:
10.7¢ Sentiment: Hold Disclosure: Held