Somebody said that if nickel price down to its solid bottom, below $3.80, a lot of big miners would have to cut the production, or start CM, or get into VA voluntarily which would put them at a better positon as MBN did.
Why are they so stupit and refuse the CM and VA? Would they worry about cash flow? CM woudl not need big money even it just ensures more money would be burnt. VA would pressure the creditors rather than shareholders even the control would get away from the shareholders.
God, let nickel price down to further and stay there for another 5 or 10 years, and then MBN would be out of ashes and pay farms back to their great shareholders here or there. Life is good and really good, eh?
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