MBN mirabela nickel limited

standstill arrangements, page-9

  1. 746 Posts.
    Good job by management thus far. Much more still to be achieved within the next 90 days.

    Few questions remain:

    a) Is MBN Mine operational?

    b) Are the employees still working and being paid?

    c) Is Norilsk still taking delivery of Nickel Sulfate and are they paying for it on time?

    d) Will MBN take Votorantin to Court ref. the Force Majeure, or is negotiation taking place?

    e) When is MBN planning to remove the suspension order and allow for trading to occur?(*)

    (*) IMO, MBN is going to keep trading suspended, sine die, as a tool to prevent big fish from buying the shares very cheap on market and consequently taking control of the company.

    What you guys think?

    IMO, DYOR

 
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