MBN 0.00% 8.3¢ mirabela nickel limited

I held this company last year and was glad to get out with most...

  1. 492 Posts.
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    I held this company last year and was glad to get out with most of my investment. With the debt they held and the low grade and trouble with offtake, it was the most speccy company i knew of. I was betting on a nickel price recovery. Anyone who thinks this was a going concern and not at bankruptcies door for the last three years was not paying attention. I have lost money on bankrupt companies so feel for you, but i think management were puling rabnits out of the hat to keep it oerating as long as they did.
 
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Currently unlisted public company.

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