MBN
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0.00% 8.3¢ mirabela nickel limited

I agree with all of the comments above. BUT! this company...

  1. goldenfruit
    113 Posts.
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    30/09/15
    17:02
    Post #: 16090838
    I agree with all of the comments above. BUT! this company operates in Brazil, under Brazilian law it is a little different dependent on whom is owed, Taxes, salaries, Financiers, suppliers in that order. My advisers infom me that the Brazilian debtors will have first claim on any outstanding. If a company is in administration and cannot for fill its legal licencing obligations, the authorities have the right to suspend or revoke all licences.
    The latter would leave no assetts.
    MBN Price at posting: 8.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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