MBN 0.00% 8.3¢ mirabela nickel limited

Hope they haven't "officially" sold it and just stalling the...

  1. 26,687 Posts.
    lightbulb Created with Sketch. 1732
    Hope they haven't "officially" sold it and just stalling the negotiation these 6 months or can "change" their mind, as PoN is getting back to $6.50US/lb (last production reported $5.42), REAL going to 3.50 (last production reported 3.07) and LME is still dropping.
    Copper is $3.10US/lb (last production reported $2.61), don't tell me that doesn't increase their by-product credit by 20% and lower production cost further......who the hell is advising them????
    "Let's sell it at a low-ball offer, even though, yeah, PoN and REAL are all heading in our favour, just do it now".

    Capture.JPG
 
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.