MRC 0.00% 2.6¢ mineral commodities ltd

what am i missing?

  1. 159 Posts.
    The Desktop Mining Study completed by SRK Consulting has confirmed the value of the Xolobeni Project with an indicative pre-tax NPV of US$129 million (approx $A190m) being ascribed to it. despite this, MRC's market cap is only $16m. Obviously there are reasons why the market is apply such a discount, so if anyone can enlighten me I'd appreciated it.

 
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