MBN 0.00% 8.3¢ mirabela nickel limited

The figures add up and I am sure they also know this (and this...

  1. 27,263 Posts.
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    The figures add up and I am sure they also know this (and this was always their plan)!!!! the PoN can average $7US/lb over MBN's LoM of 10 years (given the EV after these type of nickel concentrate starting to take off next year which will continue to boom for the next 10 years, you would think). Note, $7US/lb is still too high for other miners......another huge advantage for MBN.

    So for a JORC total resource of at least 200Kt nickel concentrate (and given the further they mine the better the grade and recovery so it could be more than this), and with a total COP of $5US/lb that would mean a total net profit of $880M USD!!!! and include a $500M USD mine asset and other tenements yet to be explored......it will be definitely more than $1B US, you would think (or a very conservative MC of $750M AUD.....).
    The numbers don't lie......
 
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