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17/02/16
09:26
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Originally posted by tomboy
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Think of these scenarios from now till December
- judge extends VA gets hoodwinked some more
- NP goes to 4.50, BRL to 4.50
- COP drops to 2.50, giving MBN a cashflow windfall
- good wolves launch takeover bid for 14c
- bad wolves agree to rescue deal CN US$50M for 600M new shares at 9c diluting good wolves
- forced release of financials showing low cop
- offtake deals signed with chinese for 5 years
- new new york board members appointed
- good wolves sue to block deal proposing their own deal was better of us$30M & forcing bid process, relisting, financial disclosure
no buyer has bid for it bc no one knows the financials! A claytons sale
Wheres Augusts indpt valuation of the VA for us $300M well above debt of us$100M? Wheres the Q3 Q4 H1 financials? 1000 accountants work for korda mentha & ferrier hodgson yet they cant produce basic books on time, really? Hidden in secret!
The DOCA & BRL have converted MBN from a high cop massive cashburn loss producer to a low cop low cost low expense profitable producer with low capex high margins.
sooner or later the truth of this will come out & stun the market when they are ready. Rio olympics here we come.
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TB, Question if I may. My thinking is if NP get to around 4.5 to 5 that would possibly indicate that we are through the worst of the commodities cycle, with Brazil having such exposure to mining wouldn't that then mean the BRL would be also be through the worst and will also begin to appreciate.