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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 > Expecting a positive report on the 22nd
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Comment by wise_investoron Jan 23, 2012 7:27pm
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Post# 19439225

RE: RE: Expecting a positive report on the 22nd

RE: RE: Expecting a positive report on the 22nd

I agree. Cash on hand and unit cost a little worrisome. The key right now is to focus on getting their unit cost down which they mentioned to be their major priority. The stock is getting hit hard in Australia $1.10A or $1.17 Cdn. I hope the slide stops and starts stabilizing. We can not over look what they have accomplished in terms of production.

RBC has a $1.70A target (down from $2.30A)  - Market perform down from market outperform

I am hoping to see much more encouraging numbers in 3 months from now.

Let us hope for higher nickel prices as well.

 

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