MBN 0.00% 8.3¢ mirabela nickel limited

from mbn 2011 annual report , page-2

  1. 5,583 Posts.
    lightbulb Created with Sketch. 1
    That's financial strength?

    They got more debt to pay off prior debtors to the company... ponzi anyone?

    ... and you must've missed the loss.

    C1 costs are $7.27/lb. Total costs are about $12/lb... good luck to ya baz77... the company will keep losing and losing... and the managers will keep awarding higher salaries and bonuses to boot.

    When a business stops becoming a business... the company needs to be shut down PRONTO.



 
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