Why dont you find other mines that are up for sale and tell us their prices....?
Very difficult, there are lots of mines that could be snapped up cheap at todays NI price, Mirabela no exception...
What ever the games the liquidators are playing they have been locked into this sale for quite some time and NI was low to mid 5's.......Maybe they were breaking even or making a little, nothing that screamed to them dont sell....Now with NI higher we all feel shafted......
What should of happened in which Phil me and a couple of others are trying to prove up is this mine should NEVER EVER been put into administratio, by doing so caused the reaction of all payables needing to be met...
This is what should of been avoided and money raised cr's, rights issue ect should of been done to avoid administration, if that was done we would still be here today...
Finding how administration could of been avoided and proved should be EVERYONES commitment NOW, not winging over something that cannot be stopped
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held