Mirabela Nickel Ltd Ord MRBAF

RE: New and improving

[brendelly]

The Nickel recovery is still very low and that is what is putting pressure on production numbers and cash costs. The upside is that the throughput availability is being met with expanded fleet of surface equipment. They stated they are still optimizing the processing equipment to bring recovery up to spec. There are many posts stating how undervalued and cheap this one is and well the market doesn't lie and neither do their numbers. Once they can achieve mine design numbers and expected guidance the share price will appreciate, the recent rally through September across all commodities speaks volumes that MNB is sitting at its fair valuation.