Mongolian Mining Corp. (MOGLF)

[Hornby]

So here we sit, one year later, with the company turning out almost exactly the same volumes as 2018, but the stock is down by about 2/3. Either the market is very concerned about their debt load, the next year or two price they are going to get for their coal, the GOM favoring the government owned coal mine next door to the extent of purposely trying to diminish the viability of MMC, or some other reason. Too bad this company can't pay a dividend (due to the debt load), because that would go a long way to addressing the share price assuming the other concerns are non-issues.