Drill Baby, Drill is Consistent with Mentor Capital Energy Focus [Yahoo! Finance]
MENTOR CAPITAL INC (MNTR)
NASDAQ:AMEX Investor Relations:
mentorcapital.com/portfolio
Company Research
Source: Yahoo! Finance
PLANO, Texas, November 19, 2024 BUSINESS WIRE )--Mentor Capital, Inc. (OTCQB: MNTR) reported a closing share price of $0.056 per share in its quarterly Form 10-Q filing for the third quarter ended September 30, 2024, filed with the Securities and Exchange Commission. After the third-quarter end, Mentor received a material subsidiary divestiture cash payment equal to an added $0.048 per share, resulting in today's net debt-free cash and equivalents holdings of approximately $0.121 per share. The Company calculates that today's value of the existing net cash and equivalents per share of the business, is over 200% of the market price of the Company's stock price. Also subsequent to quarter-end, the November 2024 national election results were substantially announced. Mentor Capital's emphasis on the classic energy sectors of uranium, coal, oil and gas are, in the opinion of management, consistent with the incoming administration's energy philosophy and focus. Mentor is looking to part
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