Acording to the front page of today's Weekend Australian it seems to me like the entire Hanlong management are criminals, with some behind bars and the former managing director of Hanlong Australia a fugitive under arrest in HK.
I believe they will keep Moly mothballed until every cent of the $85 mil has been eaten up in various fees by Hanlong dorectors, or their croonies. Then they will delist the company, end of story.
I hope I'm wrong, of course.
MOL Price at posting:
12.0¢ Sentiment: None Disclosure: Held