MBN 0.00% 8.3¢ mirabela nickel limited

Ann: MBN 31 March 2015 First Quarter Financial Report, page-44

  1. 2,476 Posts.
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    My original parcel b4 the doca days was 100k shares in mbn.

    I did still hold a large parcel upto this announcement and decided can't take another lost.

    From there, i stayed on the side line.

    I guess, i am like any other who is holding that i believed the turn around story and that management is working hard in having the company in order. I also believe the price of Ni should be at 9.00.

    I guess no one saw it coming in terms of the price of Ni, it was 15K a ton, about 12 month ago to the now 10000 a ton.

    Everything else was to schedule but that 1 last element management cant control.when against us.

    If pon is at even 6.00, we will not be having this conversation.

    Also i have not seen any other junior company issue 1/4 financial, just another sign.

    I still hold because the 150 will not teach me a lesson if i sold it. At lease now at each time i open the portfolio, i have this big red item looking back at me as lesson.

    Also i lost a big chunk in pos.

    To say my decision has not being influence by others would be a lie. while we all say we are responsible for our own decisions no one fore us to buy, at the end of the day i bought on because i my self started believe in the lies. not with mbn,by then i am too broken.

    Happy to take on constructive advice such as few on pos who know the workings of the mine which there is no way in the world i would understand without them and i have learnt lots.

    I hope for this will blow over and for pon continue to hold steady and for mbn to come back on line.
    Last edited by Jazz6868: 11/10/15
 
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