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Mirabela Nickel (MBN) - December Quarterly Report
Our concerns over Mirabela’s dwindling cash balance have amplified with costs remaining very high, and cash burn extreme.
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Mirabela Nickel (MBN) - SEPTEMBER QUARTERLY REPORT
Mirabela reported an improved quarterly as expected, with production looking set to match at least the lower end of guidance (but not that given in the technical report).
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Mirabela Nickel (MBN) - Cash Burn of Concern
Mirabela continues to burn very significant cash on an operational basis, with a $US36m negative contribution from operations, and total cash drain before funding of over $US80m.
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Mirabela (MBN): June quarterly & downgrade
Mirabela have reported a relatively weak first half production and cost report, placing pressure on full year forecasts.
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MBN: Full Year Result
Mirabela reported a net loss after non-recurring items of $100m, with a large portion of the loss relating to non-recurring fx and derivative items.
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