ProPunter23Red - do those shares still seem cheap?? They were 69c when you posted, so presumably you bought at roughly that price... This stock is dead. There is only one way it will go and it is down.
FYI, I don't hold any MBN anymore. I did in the past and I also worked for them. I was in Brazil for 6 months during commissioning. Even back then it was clear that the cost figures used in the DFS were pie in the sky stuff. Take the current nickel price, lower than DFS grade/recovery coupled with the aforementioned costs and you have the current situation.
These guys will struggle to repay the debt, let alone make surplus cashflow.
MBN Price at posting:
60.2¢ Sentiment: Sell Disclosure: Not Held
