MBN 0.00% 8.3¢ mirabela nickel limited

The CEO COO both said MBN was safe and stable and financially...

  1. 9,743 Posts.
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    The CEO COO both said MBN was safe and stable and financially sound with enough cash for a year to go.
    The COO said $100M cash by year end on current margins in the conference call.
    They lied to us.

    The TH had no warning at all.

    So how the F did they spend that $100M cash in 3 months on a tailings dam with a budget of only $12M pa without any warning to the ASX of it?
    It was total bulldust, a cover up A class.

    Who is behind Appian in Canada who bought MBN for $100M for the CN that wasnt due for 2 years until admin was called in!
    Who is going to get that $1,000M, do you believe Appian made a 1000% return of $900M and the yankee bond holders lost $500M and we aussies lost $200M ?
    do you believe the yanks self suicided and decided to lose and write off $500M ?
    Bulldust.
 
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