1. Limited portfolio - Morien Resources Corp has a limited portfolio of assets compared to its peers, which may limit its growth potential.
2. Dependence on a single asset - The company's primary asset is the Donkin Coal Mine, which makes it vulnerable to fluctuations in the coal market.
3. High debt levels - Morien Resources Corp has a high debt-to-equity ratio compared to its peers, which may limit its ability to invest in new projects or expand its operations.
4. Limited revenue streams - The company's revenue streams are limited to coal sales and royalties, which may make it difficult to diversify its income sources.
5. Reliance on a single customer - Morien Resources Corp's primary customer is the Nova Scotia Power Corporation, which may expose the company to risks associated with a single customer relationship.
6. Limited geographic diversification - The company's operations are focused in Nova Scotia, which may limit its ability to take advantage of opportunities in other regions.
7. Limited exploration activities - Morien Resources Corp has limited exploration activities compared to its peers, which may limit its ability to discover new resources and expand its portfolio.