I agree that the market is a funny place and it might take a little time for the market to catch on that MUS is the real deal, but it is hard to ignore dollars in the bank. The press is going to love the outcome of the auction as rubies are much more exciting to write about than zinc or cobalt.
Once MUS have income they will get serious coverage from brokers (the brokers will love doing research on MUS) and insto interest. This will change everything. Add in the ruby x-factor and there is plenty to support a massive uplift in the MC.
My expectation is that within 12 months MUS will move its primary listing overseas. There is no rational reason for MUS to be listed in Australia other than chance.
MUS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held