MBN 0.00% 8.3¢ mirabela nickel limited

Some good news., page-14

  1. 12,354 Posts.
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    Why can't they tip in more money here?
    Let's park what they have previously invested into MBN for a minute...
    I thought one of the role of fund managers is to evaluate the risks and rewards; and build a case for investment.
    Would there be a business case to spend $20m to get a return of $200m, or $400m or even more given the $1B worth of infrastructure?
    Given that they know the ins & outs of MBN, what are the additional risks that they are no aware of?
    This story is yet to be finalised - I certainly haven't given up all hope!
    Like @user23 had said - as long as they don't do anything illegally, then I'll wait and see how the story ends - we may get a pleasant surprise - who really know?
    Last edited by ddwn: 10/01/17
 
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