MBN mirabela nickel limited

panic button is pressed, page-9

  1. asf
    9,887 Posts.
    We now have a >35% decline in 5 trading days. Would another company think of taking MBN over at these levels? It would get rid of the bloated management issue.

    The company was @ $1.70 five months ago so it must have some worth/value. I know the nickel price has fallen, but the resource said the SP was nearly 3X recently. Will the debt destroy it? Will a capital raising save it? I am genuinely interested here. These are monstrous falls.
 
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Currently unlisted public company.

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