You forgot, it was actually Mundin the COO in Brasil who stated clearly the BRL drop was "buffering" the NP drop,
He said this many times, and the CEO repeated it also.
In fact the ratio drop was nearly double, 2.50 to 5.00 while NP went 7 to 4
And now even more so, the BRL is even lower, at 5.80 while NP is at 7.50. amazing turnaround worth losing $500M over?
so now their costs are at 3.17uslb with NP at 7.50uslb, its a miracle! a 60% profit margin but apparently it was insolvent?!
This paid yankee mouthpiece is here to keep us all down and quiet and not to sue their a@@@ so they can make a motza on the bones of us aussie battlers.
No I have never been paid by anyone, in fact I invested $220k cash into MBN and apparently lost it all while now its apparently worth a 20 bagger for the Appian Capital investors?!
$100M to $2000M
Pray tell us mouthpiece who are these secret Appian investors?!
Could there be any yankee bondholders in there?
US$600M lost by yankee bondholders as they couldnt wait 4 years, you believe that?
Is the phoenix flying again?
- Forums
- ASX - By Stock
- Ann: Mirabela Company Update 1 October 2013
You forgot, it was actually Mundin the COO in Brasil who stated...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online