stock worth at least 33 cents on 84.4 million market cap.
my rough calculation:
50mil clean coal project (valuation by Southern Cross Equities) + 30mil (16 uranium tenements, Laverton gold and other gold interests) + 4.4mil (10mil MMB shares @.44 today's close) = 84.4 million
my guess is we might see abit of retracement tomorrow. however, sp remains bullish and interest in clean coal remains high as well.
**this is just my view. i may be wrong.
MEE
metex resources limited
