MBN 0.00% 8.3¢ mirabela nickel limited

Also the rise in the REAL as well.....whoever the...

  1. 26,687 Posts.
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    Also the rise in the REAL as well.....whoever the analyst/consultant that they used for them to supposedly "agree" to sell the mine cheaply for only $250M USD a year ago did one big crap job, everyone knew the PoN was always going to recover, that's how PoN behaves in cycles, hence why they placed it in C&M for 2+ years isn't it????, and given this time it's drop to really low it's bound to recover and stay there longer and it's a once in a life time EV boom going on next year!!!! , and with the state of the Brazil economy compared to the US are miles apart, the Brazil central bank has double interest rate to cut whereas the US is virtually zero for them to increase, the REAL is bond to stay around 4 for at least another 2 years.
    Last edited by AlCp: 02/06/18
 
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