MBN
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0.00% 8.3¢ mirabela nickel limited

SP will be recovered, page-8

  1. Ranghora
    746 Posts.
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    05/11/14
    08:53
    Post #: 14236722
    The reality is: at the moment there will be no 2015 for MBN!

    Cash reserves can only stretch to March, with very good money admin.

    With no new offtake contract, things are not looking good and "care & maintenance" might be a cheaper option until Nickel gets to a reasonable level to cover huge costs of an operation with little debt....

    I would like to understand why they mine at $9 per lb, when the co. has little debt and pay low salaries in Brazil.

    IMO ... DYOR!
    MBN Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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