oh dear, page-66

Hi All,

I'm with Evo,
"I cannot see how this news warrants a 60% drop, but im happy to grab a few at these bargain basement prices all the same as common sense will prevail soon :)"

I think it is all overdone. Yep, 1 of our 2 contracted customers pulled out, stopping us from selling to them at a loss. Sounds terrible......

If the 2nd customer pulls out, MBN might make it.

Management are probably having a little giggle:) and hopefully buying shares.

Having followed the DML thread recently, it was made clear that lenders lose big when a company goes down. It is in the lenders best interests to see/help MBN survive and eventually flourish, so it can repay its debts in full.

Care & maintenance is the go, IMO. But we need the 2nd customer to walk away first. Capital will last longer if we are not producing at a big ongoing loss. MBN is not on its own in this, as it is the bottom of the cycle, IMO. I remain confident the nickel price will recover in the MT.

I expect MBN financiers will be helpful in pushing out timelines.

High risk, high reward. I'm holding and will look to accumulate.

BOLAH.