MBN 0.00% 8.3¢ mirabela nickel limited

And it wasn't 'cricket' with Burns Philp, Allco, Babcock and...

  1. 1,566 Posts.
    And it wasn't 'cricket' with Burns Philp, Allco, Babcock and Brown, Bear Stearns, Lehman Brothers the list goes on and on. This was in a classic death spiral, now it may come out and be able to go forward, GLTA, however, the problem is there is huge productive capacity in Nickel as soon as the price starts to rise supply will ramp up and 'here we go again'. Funny how you DON'T see that when you're on a 'good thing'. Anybody who bought them in that last week, good luck, I think you'll really need it. When did you buy Sailfish? Funny, never saw you in at above 6.1. Pick up a 'bargain'? I was foolish, my 'bargain' didn't really turn out to be such a 'bargain'. but I haven't felt better for a while and believe me, I lost plenty, but gained a life changing perspective, bitter lesson to learn still. I won't be the last either to learn this 'lesson' sadly, either, rest assured of that.
 
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.