a green close, page-53

Currently it is an expensive shell at a market cap of $2.966m. Anything that they find to venture into will need serious capital diluting the share or serious debt that will put a large dent into any future earnings for quite sometime. Current governance structure is questionable but perhaps one needs to know history or how to do deep research to understand that.

Theoretical share price should be closer to .0037 cents to reflect the actual value of MNE as it is rather than the current 2.2 cents, so some are putting a nigh on 500% premium on it as is for its two remaining inactive assets in Australia and Philippines. Not the most appealing shell in the market really.