MBN announces a deal with the brasil govt to receive its secret us$11M tax refund, only revealed last few months, in exchange for other discounts & in exchange 400 workers retained & production is restarted , if it ever stopped!
Big news
An amicable deal, to keep it going till decembers LPM period.
BUT NOW THE NP spiking isincreasing their margins
China just announced a $2T QE on infrastructure requiring massive amounts of Ni conc next 5 years bigger than that of its 2008 QE.
iOP spiking 18% overnight by us$10T..incredible!
sOon NP to spike to 5.00
the chinese cartel is responding...the largest buyer of Ni & IO globally wants higher prices! Yes Sir!
I posted a thread about this before, the chinese cartel have a nuclear option, us$$1B of ni stock buying per month on market, they cannot be stopped.
they are using iton IOP, soon NP as well.
Great news for us MBN HC Rebels stuck here.
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held