RE: Something Brewing18 Oct 2020 20:33
Been digging around to find out more about MNRG. Jeez. This is seriously undervalued and as Rolf as said several times, MNRG until last weeks rise were basically valued as a shell only. Excuse any errors but for newbies MNRG offer s main market listing with no placing until 2021. They also have a 4% holding in Cobra, another main market share.
Gold ridge is their marquee with near term cash flow and waiting to see how big the resource could be here but from past interviews, Rolf very bullish here and Rolf hinted last week that news on gold due in the very short term. They also have a uranium resource in kyrgystan which is one of the lowest producing mines in the world but is currently on hold whilst the government decide on a ban. But should the ban be overturned then another cracking play. We now have the first of many O&G plays via SPV's. More expected - Romania next? Looks like MNRG turning into an umbrella company, setting up numerous SPV's. Plus there is a connection with EUA so who knows what could happen with them. IMO this is just the start of the journey here. GL all