MBN 0.00% 8.3¢ mirabela nickel limited

Any hope for MBN?, page-7

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    If you check Milson Mundim, our  CFO & only remaining director's LinkedIn profile , you could be forgiven for thinking that everything is hunky dory in Mirabela land........you'd also think given our most dire imaginings he'd have   toned it down a bit.....


    CFOMirabela NickelSeptember 2014 – Present (1 year 11 months) | Belo Horizonte Area, Brazil
    • Financial restructuring and Operations Turnaround resulting in reduction of cash costs in 50%
    • Reestructuring the administrative area (reducing hierarchical levels and streamlining activities and accountability (25% reduction in headcount and 35% reduction in costs)
    • Renegotiated over 200 supply contracts and replaced contractors at Mirabela’s site with savings of over USD 30MM
    • Restructured Maintenance area to act in coordination with supply-chain – warehouse in order to end onerous outsourcing contracts and start to do activities in house
    • Renegotiated Ni sales contracts with gains to the company
 
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