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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 > 69 cents
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Comment by Kelso20on Apr 01, 2012 4:53am
336 Views
Post# 19744505

RE: RE: RE: RE: RE: 69 cents

RE: RE: RE: RE: RE: 69 cents

It's trading below net assets, but then again, what are assets worth if they don't generate any profits? There must be a price where this starts to look attractive as a takeover to turn around and run efficiently. A little support in the price of nickel would be nice.

https://www.reuters.com/article/2012/03/29/us-mining-summit-norilsk-idUSBRE82S0ZR20120329

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