Compared to POS and PAN........MBN looks very good except it's...

Compared to POS and PAN........MBN looks very good except it's in VA?
From my googling, normalise FCF is production cost including royalty/tax minus the capital expenditure cost so this means they made around 2M USD in the last 2 quarter when nickel price was at it's low of 3.7-4 but note the mining cost wasn't incurred in the production cost during this period as they are using their stockpile (of nickel ores comprising of 15Kt of nickel concentrate) but I think it's still very good, IMO.