MBN 0.00% 8.3¢ mirabela nickel limited

There is still Hope, page-87

  1. 3,914 Posts.
    REAL likely heading back to 3.8 again (and stay around 3.8-4 for at least 2+ years) so the production cost including royalty should be around 4US/lb (as reported but not officially disclosed to the ASX) for a long time, just need nickel price to get to 5US/lb......we will know at most 2 weeks time what these creditors/substantial and majority share holders decide to do, if MBN needs funding for C&M (it will be a small DOCA) otherwise MBN will go into C&M without further funding required.

    http://www.wsj.com/articles/brazils-recession-deepens-1464786002
 
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