MBN 0.00% 8.3¢ mirabela nickel limited

News: MBN Mirabela Nickel updates on MBN sale process, page-197

  1. 2,501 Posts.
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    The fact that they have re negotiated to pay the royalties ie mining rights means only
    One thing. The mine is not dead. It has mining rights therefore it intend to operate as soon as PoN goes up to at least 6.00.
    There is no hight risk of loss on a mine in
    C & M with known COP. As you can see, they are not in a hurry to sell the mine.
    IF it takes another 6 months and beyond so be it.
    Last edited by ccdavid: 23/08/16
 
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