MBN 0.00% 8.3¢ mirabela nickel limited

I'll confess and say that while long term this is an excellant...

  1. 192 Posts.
    I'll confess and say that while long term this is an excellant stock, that i have turned bearish due to the lateness of funds, possible issuance of more shares and the companies attempts to boost the share price with upgrades of deposit.
    I can say that i was really disappointed that MBN didnt hedge alot more NI and didnt do a capital raising when the price was sky high.
    Now they are cap in hand to the Banks!
    I'll hedge that MBN falls soon around $1.20 - $1.40 depending on announcement of the loans etc, if good will rise if bad then above figures.
    note my change sentiment! will review upon more facts.
    DYOR
 
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Currently unlisted public company.

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