MBN
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0.00% 8.3¢ mirabela nickel limited

Hi Empty,Not really, nothing new there.Why bother chasing...

  1. david115
    689 Posts.
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    28/09/13
    08:08
    Post #: 12383328
    Hi Empty,

    Not really, nothing new there.

    Why bother chasing customers if you are producing at a loss? Just increases cash burn.

    Mothball it, sit & wait. Renegotiate ST debt payments while there is still some cash.

    If the nickel price doesn't lift in 12mths, walk away.

    These guys are going to crash it within 6mths.
    MBN Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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