MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Response to ASX Price Query, page-2

  1. 13,316 Posts.
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    What they would have really liked to have said in response..

    "If you bothered to crunch the numbers on our last guidance you will realize that we our shares were played by big players seeking to accumulate as we halved our C1 cash costs, brought us back to net positive gross margin with comfort, made cost reductions which will further impact positively cost base....and nickel price as per all current forecasts suggest good upside from current prices....so we are at way better outlook than we were when hit last high of 44 cents so you work out why our share price has increased and will continue to do so next week, week after, month after etc"
 
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