The Enterprise Value (Infrastructure only, excludes recources) of Mirabella
is more than a billion. All Shareholders know that, a debt of 250 million including
Interest is just 20% of the enetrprise Value. Our Recources has been spared,
We have 20 years mine life, Who knows what PoN in ten years time will be.
This alone is the biggest single reason why on earth will you sell this under 500 M.
Urbanisation all around the world will accelerate faster than before.
Nickel will be in alarmingly short supply. It is inevitable, We will again have the
next Nickel revolution. The chinese know this and every Major EV Battery Manufacturere,s
are definitely scouting for a steady supply source and I am sure we are under their Radar.
This time next year, PoN will be at 7.00 , Middle of next year MBN starts operation.
If we are not shafted, we will get our fair share in the future . Who knows what our
Investment is worth in two years time.
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Held