MBN 0.00% 8.3¢ mirabela nickel limited

Ann: MBN Q2 Investor Presentation, page-154

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  1. 3,836 Posts.
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    The VA report says "Exacerbating the reduction in sales revenue was the depreciation of foreign currency against the USD as illustrated below."

    They sell nickel in USD so this lowers their production cost, per the AGM presentation. WTF?
 
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