MBN 0.00% 8.3¢ mirabela nickel limited

I think this news will push the PoN back to $5.2US/lb that it...

  1. 3,914 Posts.
    I think this news will push the PoN back to $5.2US/lb that it was a few months ago, when the CFO was bullish on the PoN and that should mean they are +.2US/lb post capital expenditure but the LME hasn't moved for nearly 6 months and it actually has gone up 20Kt so maybe in another 5 month when they are looking at re-commencing production in mid year the LME will start to decrease again and PoN will have a sustain trend towards $6US/lb towards the second half and end of the year, instead of what it has been doing recently.

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