MBN 0.00% 8.3¢ mirabela nickel limited

I've been looking at the tsx listing of MBN in Canada "MNB" and...

  1. 192 Posts.
    I've been looking at the tsx listing of MBN in Canada "MNB" and have noted the share price remaining around $C1.05 which equals about $aus1.30 over the last few days I can only draw some interesting observations of this!
    1st/ a new issue at about $C1.00 @ 120 million shares which would give the desired $us80 million needed.
    2nd/ price is being held up here in Australian to urge investors to stump up the cash in Canada.
    3rd/ its cheaper to buy shares in Canada at the Moment!
    4th/ Ni price still falling but expected to rebound? and stock piles in LME still rising.

    Have also been looking at the LSE stock TALV recommend a look note the similiar output mine type share capital etc but market capitalisation is $AUS 1 billion. MBN is currently $aus 200 million or 1/5. So plenty of room for upside.
    Note Changed Sentiment to Hold
 
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