Fundamentals, huh?
The fundamentals are that the one mine is shut down, was never profitable when it was open, and there is no prospect of it reopening.
The operating subsidiary is in bankruptcy with no prospects of getting out.
There is one employee who gets his salary by printing and selling stock. When the outstanding shares approach the authorized amount, he does a reverse split. A few 1:100 or 1:200 reverse splits and your million shares become 1 share.
The only prospect for any change in the future is that Eugene's "financier" is getting out of jail soon, and Eugene might have someone to sell his discounted stock to, which is then dumped on the market.