MBN 0.00% 8.3¢ mirabela nickel limited

The value of the company is always dependent on the value of the...

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  1. 7,922 Posts.
    The value of the company is always dependent on the value of the resource.
    We will sit on 12c-14c range for a while yet.
    Announce a 3 year off-take deal, (but not if it starts in 2018)

    Isn't nickel used most in stainless "steel", SS.
    There is a huge oversupply of iron ore, IO, that is the main ingredient of SS.
    The the Chinese are going to seize the day and start using some of the cheap IO.
    They are saying to them selves;
    "with all this cheap IO lying around, lets make some SS, oh dear, we need more nickel.

    oh yeah
    Last edited by bthotcop: 21/06/15
 
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Currently unlisted public company.

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