MBN 0.00% 8.3¢ mirabela nickel limited

"...placing the mine in C&M for another year." Possible but it...

  1. 785 Posts.
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    "...placing the mine in C&M for another year."

    Possible but it really depends on the NP movement. In my view it would only happen after a surprised NP up momentum:
    1. All of the creditors have been hurt terribly by their optimum feeling while braced the first financial structure and then turned their debt into shares.
    2. The second VA actually have shown how bad their feeling then.
    3. They are in the trap built by themselves. They don't worry NP up but down or no movement at all.
    4. Np up stirs their feeling and also make them wonder it is a false up or not.
    5. If Np could not up enough they could not get rid of their worry and stop the mine selling let alone putting the mine in C&M in another year.
    6. Actually it is a game how to view the big picture in a touchable future.
    7. Good or bad we, the little shareholders could not do anything but wait!

    All in all we are not totally hopeless even have great odds to lose all!
 
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