MBN 0.00% 8.3¢ mirabela nickel limited

positive move

  1. 192 Posts.
    Nice to see a strong positive move over the last few days, this is backed up but a nickel price close to $us6 per lb and a stronger Brazil real of 2.16 to the US. What a difference a few weeks have made!
    Now the currency hedge isnt looking so bad and the nickel price is making it all worth while.
    Loan annoucement end of the month looking good too!
    My only ponder is with stocks of nickel rising in LME warehouses can the price of nickel be rising/sustained?
 
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