MBN 0.00% 8.3¢ mirabela nickel limited

All over done and dusted, page-292

  1. 3,051 Posts.
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    ccdavid it would be awesome if that condition was in place. But I doubt it is.
    Mattyedw says that the reality is that the mine is only worth what someone will pay for it. True to a degree.
    Remember that the only offer initially was for $37 million.
    Now there apparently is an offer for $23o million.
    A bit of a difference eh? What's going on there?

    NP currently at $6.41 and on its way up with a bullet!
    At last reported COP, and current Real and current cobalt price, that would easily give a profit of $2 per pound of nickel produced. About $80 million - $100 million p.a. in free cash.
    imo $23o million for the mine is an absolute steal for the purchaser - and stolen from the poor old MBN share holders!
 
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