Last A$0.03 AUD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 12:10 AM 12/16/14 All times are local (Market data is delayed by at least 15 minutes).

mirabela nickel ltd (MBN) Snapshot

Open
A$0.03
Previous Close
A$0.03
Day High
A$0.03
Day Low
A$0.03
52 Week High
07/4/14 - A$0.44
52 Week Low
06/30/14 - A$0.03
Market Cap
27.0M
Average Volume 10 Days
866.2K
EPS TTM
A$-0.56
Shares Outstanding
929.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MIRABELA NICKEL LTD (MBN)

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mirabela nickel ltd (MBN) Details

Mirabela Nickel Limited is engaged in the exploration, mining, production, and sale of nickel concentrate in Brazil. The company is primarily involved in the mining of nickel, copper, cobalt, and platinum deposits. Its principal asset includes the 100% owned Santa Rita nickel sulphide mine in Bahia, Brazil. The company is based in Perth, Australia.

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mirabela nickel ltd (MBN) Key Developments

Mirabela Nickel Ltd. - Special Call

Mirabela Nickel Ltd. - Special Call

Mirabela Nickel Ltd. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2014 and Sales Results for the Third Quarter of 2014

Mirabela Nickel Ltd. reported production results for the third quarter and nine months ended September 30, 2014 and sales results for the third quarter of 2014. For the quarter, production was 2,628 tonnes of nickel in concentrate compared to 2,767 tonnes in the second quarter of 2014. For the quarter, the company reported sales of 2,823 tonnes of nickel in concentrate compared to 2,366 tonnes in the second quarter of 2014. For the nine months period, production was 8,333 tonnes of nickel in concentrate at an average unit cash cost of USD 8.22/lb.

Mirabela Nickel Limited Announces Issue of Subordinated Notes

Mirabela Nickel Limited issued $5 million, 1.00%, 30 year subordinated notes (Subordinated Notes) in respect of former holders of $395 million, 8.75% senior notes due 2018 (Notes) (Former Noteholders), as required as part of the restructuring and recapitalisation process of the company. The Subordinated Notes are in physical form. Subordinated Note documentation will be despatched, in due course, by the company's share registry to Former Noteholders who tendered their Notes through the Automated Tender Offer Program (ATOP). Former Noteholders who did not tender their Notes via ATOP will have the Subordinated Notes to which they are entitled held on trust by Mirabela Investments Pty Ltd. (MIPL), in its capacity as bare trustee. MIPL, in its capacity as bare trustee, will attempt to sell the Subordinated Notes it holds in respect of Former Noteholders who have issued a cash out instruction (Cash Out Instruction), in accordance with the cash out process outlined in the Notice and Letter of Transmittal dated 4 June 2014 (Letter of Transmittal). The company notes that the next sale date in respect of the cash out process is 28 November 2014.

 

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