Yes, coal leases in Mongolia of limited value, but just burning cash with no direction is not the future. These guys are coal based, time for a complete change of direction, i.e. use this shell for a better purposes rather than just burn up the cash. This shell has tight structure i.e number of shares on issue plus money in thebank so a good starting point for a new enterprise wanting to list. Change won't come from current directors, major shareholders will have to appoint new directors prepared to go in new directions.
Regards
Buffett
Yes, coal leases in Mongolia of limited value, but just burning...
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