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0.00% 8.3¢ mirabela nickel limited

Ann: Q3 Activity Report for the Period Ended 30 September 2014, page-21

  1. jamwolf
    5,925 Posts.
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    24/10/14
    12:27
    Post #: 14176310
    Congrats to punters. Looked oversold at 3c.

    Having said that, this quarterly is horrible. There must be a fair chance that the operation is simply a dud - low grade ore and a dodgy plant.

    The key phrase in the quarterly is that they are "re-assessing capital requirements."

    Looks to me that they will need another $100m.
    MBN Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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