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Mirabela Nickel Ltd Ord MRBAF

Metals & Mining Industrial Metals & Minerals
"Mirabela Nickel Ltd is a Brazilian nickel producer engaged in the exploration, mining, production and sale of nickel concentrate. The Company's principal asset is the Santa Rita nickel sulphide deposit in the Bahia State, Brazil."


GREY:MRBAF - Post by User

Mirabela Nickel Ltd Ord
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Comment by greyman1on Oct 11, 2009 6:40pm
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Post# 16381117

RE: RE: RE: Looks good

RE: RE: RE: Looks goodthe cost per lb is$3.00 per lb so it is more like $5.00 at $8.00 nickel. a 166% profit margin on an ebita basis x 26,000 metric tons (57320188 pounds  produced.)  as for the debt it is  small time for a mine of this quality . once they start to mine the underground resource the production doubles
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