MBN is way undervalued. People should read the update of 16/02 and it's clear mgmt have streamlined costs and yearly ore output of between 165,000/t to 185,000/t concentrate at their conservative nickel price forecasts suggests they will be pulling in around $40M a year in positive cash flow just under today's market cap of $48.3M. There is more to go with this one and await next week's update.
MBN Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
