MBN
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0.00% 8.3¢ mirabela nickel limited

Ann: MBN Operational Update, page-2

  1. malmanu
    16,268 Posts.
    lightbulb Created with Sketch. 743
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    09/11/14
    23:00
    Post #: 14260432
    Unit cash costs of US$9.02/lb for the quarter (Q2 2014: US$8.43/lb)

    Considering Ni is US$6.94 i cant see how they are still in business unless they see Ni going much higher than their costs or reducing their unit costs. How low can they get their unit costs.
    Last edited by malmanu: 09/11/14
    MBN Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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