MBN
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0.00% 8.3¢ mirabela nickel limited

any one still bullish on this, page-11

  1. Matt747
    10,494 Posts.
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    24/04/12
    15:07
    Post #: 10027877
    Maybe the cash cost can't be lowered any more despite the talking up by management.

    Perhaps $7 is the trough. The grade is the issue.

    If that's the case, the company will never make a dime unless we have another nickel boom.

    This won't happen with the advent of Chinese NPI. BHP long ago recognized that. Prices will always be capped.
    MBN Price at posting: 48.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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