MBN 0.00% 8.3¢ mirabela nickel limited

Through all this one must remember that with MBN one is still...

  1. 13,963 Posts.
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    Through all this one must remember that with MBN one is still dealing with a "projected" cast cost, vs the real well tested costs encountered by IGO and some others.

    Let's see how well the plant throughput and recovery goes, then the currency etc. One thing to remember as with WSA is to include the financing cost before you get the true complete cash cost that matters for shareholders. Myself I was disappointed when I saw WSA's "complete" costs in the Dec 09 HY report.

    Worth watching, but too soon to be too sure wrt the costs imho.

    EL
 
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