MBN
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0.00% 8.3¢ mirabela nickel limited

The pain continues, We haven't seen these spot prices since Dec...

  1. bthotcop
    7,922 Posts.
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    25/08/15
    18:22
    Post #: 15873641
    The pain continues,

    We haven't seen these spot prices since Dec 2008.
    Closing in on the historical all time low for Ni since 2006.

    But hey, to be still making a profit at these levels is a blessing.
    (only because of the BRL tho, and a bit of cost cutting to reduce the cop)

    Definitely looks like MBN will be one of the last Ni producers standing if the price remains depressed.
    MBN Price at posting: 8.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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