Sky could no be blue in all of the time. Blue sky optimism is wrong without any questions. The same it is wrong if we say no blue Sky at all.
The creditors are struggling for the best outcome from the realities and possibilities. MBN is still facing its challenges for survival, left enough asset for its shareholders.
1. $11m dollars are great for its survival. It wants but needs time to settle down. What if it could not get it?
2. Nickel vs Br fluctuates daily and MBN needs Nickel gets its up-trend and usd/br in 3.5-4.5. Does nickel in its tip point to change its trend? Could usd/br stay in the range?
If the above are confirmed, MBN future and reward/loss of its shareholders would be certain. At moment there are too many variables and uncertainties. We still have high probability to get good reward but we still have some probability to lose all. Let it be and patient but not pour water into heads.
Too much water in heads would result in brain damage for your lovely money!
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
