MBN 0.00% 8.3¢ mirabela nickel limited

"It doesn't really matter anymore"? We tend to be sure for the...

  1. 785 Posts.
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    "It doesn't really matter anymore"?

    We tend to be sure for the future, good or bad, but nothing is sure in days let alone years.

    Good news is no deal could be reached so far. Yes sure the secured creditors want to sell the mine but sometimes they just could not sell it at the price they would like. In another extreme, what if nickel price just jumps up to $10 by some positive shocks? Don't say it is impossible even it is unlikely!

    If np price jump to a level which could make enough money by counting your toes, what would do each secured or no-secured creditors and the big shareholders who have teared for their capital for years?

    If you turn to optimism, please to be cautious optimism. If you turn to pessimism, please don't put you into the hell before the sky crashes you down.
    ***
    1. possible
    2. unlikely
    3. sometimes it is just possible even 99% unlikely.

    What? Think about you bet on a lottery and win. We have put money into our lottery ticket and who really know what would be the last card? We may have a Ace in hand!

    The sky is still there and don't cry too early as didn't cheer after np price up just a little bit! Big money are assigned by god hand, isn't it?
 
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