MBN 0.00% 8.3¢ mirabela nickel limited

Ann: MBN Operational Update, page-7

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    Itagibá: mining MIRABELA WILL END ACTIVITY AND SHOULD GENERATE 400 Unemployment
    18/fev/2016 .​
    18 / Feb / 2016.
    17:03 Geral Comente!
    17:03 General Comment!

    The climate and distress in the municipality of Itagibá in the south center of the state, since Mirabela Mining Brazil, announced that it will terminate its activity in the city and fire officials .With the decision, approximately 400 people will be laid off.

    According to a source, "Mirabela", has a VAT credit of R $ 45 million with the state government, the value would give a break and to maintain activity at this time of crisis, but the state government does not pay.

    With this decision the shareholders of Minera refuse to put more money while the government does not pay that amount, it was announced that next Saturday (20), the company will close down.



    Looks like the Government does not want to Pay.
    By putting this on C & M is showing the Local Government, See what happens if We stop operation.









 
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