Goarmy, you realize that there are about 300m shares on issue so...

Goarmy, you realize that there are about 300m shares on issue so that @1-2c per share the EV of all the company's assets will be only $3-6m? This would be ridiculous (unless of course the company didn't really own any assets or had fraudulently misrepresented them).
Old saying that stock trading is a mechanism for transferring wealth from impatient to patient has some truth in case of MUN.
Closing Engho - so what? It was a small dribble of cash.
Delay in Crista by 6 months - so what? It's still there and we'll get there eventually.
Torrecillas not ready for own plant - so what? Mine and toll.
The upside in MUN is yet to be proven and unknown.
But the minimum value given assets is north of 10c or $30m EV. People selling below that are transferring their wealth away.
Only way to test this theory is to see what happens when reading resumes. Lot of punters will run for exits first few days, but where will it be in a week? 1-2c or >10c ? We have to wait and see.