MBN 0.00% 8.3¢ mirabela nickel limited

Mirabella discussion, page-2

  1. 6,536 Posts.
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    nice post , and a thumbs up , looks like mbn is riding the wave of the nickel price rise ,

    this company sounds huge ,do they sell about 192million pounds of nickel that's about 80000t's ,if so free cash flow is over 400m bucks , that is serious money with a market cap of 130m ,

    probably explains why the amazing rise it has since re listing , forget 20c if free cash flow is over 400m , it should have a market cap close to that , about 40c ,

    how long is the mine life ?

    one more time ........
    192m pounds at $8.9(selling price as quoted on *****) less production cost of $5.9(is that a accurate figure) ,gives us about $3 gross profit ,multiply by 192 , we get over 500million dollars , are these figures for real......

    we need a company presentation to digest , this looks like the buy of the century ,

    for previous holders who were burnt , look forward not backwards , it happens to all of us ,
 
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