MBN 0.00% 8.3¢ mirabela nickel limited

All over done and dusted, page-719

  1. 3,836 Posts.
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    It's not "may also" but the majority secure creditors are also major substantial share holders so they do have bearing on the KM sale process (they change their mind and call it off and retire the receivers and liquidators and just simply relist if they wanted to) as they collectively they are the major secure creditor and will tell KM what to do but I think all secure creditors need to agree on it given Bradesco has been "holding" it up and they aren't the major secure creditors so will need to get Bradesco to agree to it as well.

    PoN is 50% more, REAL is 30% more and copper is also 30% and cobalt is 300% (from memory) so huge by-product credit increase there compared to a year ago so logically it's worth at least 75% more then what was "offered" a year ago when all these prices were crap so $437.5M USD and now we know what the REAL and also PoN, this mine should be worth at least $500M USD you would think as PoN will be $8US/lb and REAL will be 4 next year.
    Last edited by AlCp: 24/06/18
 
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