My calculations at the Tme of the quarterly announcement had nvm at 1.30 with a 61 million loss that puts the sell off to approx 1.155 This stock is way oversold It's a knee jerk thing for punishing naughty companies Awc copped it last year for underperforming So it can happen to any company Do not worry Nickel is still a rarer commod than copper and is used in many important products Lots can happen in 5 years with this bullet payment 365 million will be worth much less than 365 million in 2012 It's a solid plan and gives the company time to improve it's efficiencies I'm not worried as it has had a few lows and highs in the last few years Mbn Canada hit a 1.03 low last night and finished at 1.09 So it has bounced with continued improved global sentiment 1.60 is very reasonable and a take over possibility to boot up to div time Good luck this week to holders as it was great to see the end of the last few serious down days
MBN Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
