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03/06/18

15:43

Post #: 33460096
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Originally posted by wdongli ↑

It is June 2018 now, which was said it would be the month after MBN was liquidated and all to the shareholders would be gone.
*
Nothing has been announced by the liquidators except guesses and noises.
Good?
Definitely when it is in the backdrop of the nickel recovering. When your assets were held by the liquidators, the later the sale the better the deal to you since the nickel is up. But it is only possible if the old sale deal could be stopped.
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How good? Some said it would be relisted, which sounded great but still quite unlikely. The liquidation was decided by the consensus of creditors. Before some creditors get together to stop the liquidation, MBN would be in the sale process. What about the shareholders in this stopping? They could do nothing after their directors resigned one after another.
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Anyone in the market would like to get easy money in the market. Some big creditors are shareholders. If nickel stays above $7, old sale deal stopped due to whatever the reasons, MBN is a source of easy money.
So if any news about the death of old sale deal gets out, it is the time we could celebrate, without matte whether or not MBN could be relisted or not.
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The key to all of the money here: DEATH of the sale deal signed before the May.

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Wow, a wdongli post I liked. There is hope for us after all!

MBN Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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All over done and dusted, page-540

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