to me the anno today points towards the assumption that Bradesco now cannot call the loan legally as the contract still valid
so immediate danger subsided - also shows that if not - we would have been done and dusted now
so now space to find new buyers as I also think this contract as today;s anno points out may be just saying ' we will buy some' but not how much - need a new serious taker
anyway - while this smelter closes - Voto still have 2 more smelters, plus the harbor to ship nickel worldwide
so administration may be less the question for now
they will find new buyer directly in China my guess - giving them Chinese equity and a better deal
company continues and shares recover to 8c by Dec
MBN Price at posting:
1.6¢ Sentiment: None Disclosure: Held
