MRC 0.00% 19.0¢ 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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Last
19.0¢
Change
0.00(0.00%)
Mkt cap $80.00M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $10.4K 55.78K

Buyers (Bids)

No. Vol. Price($)
1 130000 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 84211 2
Last update - 12.43pm 17/10/2018 (20 minute delay) ?
MRC (ASX) Chart
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