MBN 0.00% 8.3¢ mirabela nickel limited

All over done and dusted, page-398

  1. 3,836 Posts.
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    All I can think of is as substantial share holders they could always "forced" and approved for the VA, then they spent big on capital expenditure on the lead up when they were meant to preserve cash, why didn't they go to the state government early for the $11M USD VAT refund, why was it rejected at the last minute by the receivers, and how much did they get from the settlement from Norlsik during the VA, why didn't they seek these funds and settled a lot earlier when they had cashflow issue.
    Other then that, if we can't argue the mines actual worth and them selling it to themself or a 3rd party that isn't independent of them cheap, we are screwed.
 
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