Ann: Update on proposal to acquire the Wolverine Zinc mine, page-17

market cap $3 million - with recent raising over $2 million, that leaves an EV of less than $1 million for Fyre Lake and Marg

whether or not we end up getting Wolverine doesn't matter - because Plan B has always been working out a toll treatment / leasing deal with Yukon Zinc - meaning the CAPEX for Fyre Lake copper production will be significantly reduced

In my opinion, MNQ's EV should be well over $10 million this Wolverine / toll treatment / lease saga - that should give a total market cap of around $12 million, or 6c per share with a current 200 million shares on issue

or a 4 bagger from current price