This could be a typical result of inadequate ASX financial...

This could be a typical result of inadequate ASX financial reporting. Any company that operates overseas should present two sets of accounts. In this example one in BRL and the second in AUD or USD. My team have discovered others whom are Possibly in worse positions than MBN owing to smoke screens or lack of understanding of how miners are currently working.
For legal reasons I cannot state any company names or tickers, However one of the companies that i was requested to invest in, show Cash at bank of AUD 1.2m my DD team discovered that this same company had 3 x this figure in equivalent local debt and legally speaking should be in administration. However this is a serious downfall of ASX reporting and the regulators.