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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 brendellyon Dec 16, 2009 10:38am
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Post# 16592284

RE: RE: RE: RE: RE: RE: RE: RE: RE: question re "r

RE: RE: RE: RE: RE: RE: RE: RE: RE: question re "rThey are looking to produce 52 million lbs/year.

Some pressure to the south this morning, the upper $2.30's are pretty stacked on the ask. This looks to be due to the $55.2 million placement they announced a couple days ago. The price of nickel and LME inventories are not helping. The $2.30 support has been tested a few times before, lets see if it can hold now.
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