personally, I think it is a disgrace that MRE are unwilling to indicate what they are planning to do with all the money in the bank. I think if you are really concerned you should go to the AGM next Tue and ask the question. However, I invest in MRE knowing full well that Glencore is the majority shareholder (and big majority at that), so whatever Glencore wants, Glencore gets. If you don't trust Glencore to do the right thing by MRE, you shouldn't be holding stock in MRE. For this reason I won't bother going to the AGM because it is just a big rubber stamp.
MRE Price at posting:
66.0¢ Sentiment: LT Buy Disclosure: Held