MOL 0.00% 6.9¢ moly mines limited

Ann: Moly Mines Debt Restructure , page-2

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  1. Dbm
    166 Posts.
    This is a good announcement:
    - creates some breathing space
    - reduces the i rate to 15%
    - confirms an equity raising targeted to existing shareholders to be carried out in September
    - confirms iron ore mining to commence asap, providing income for repayment of short term debt and continues set-up of the moly project

    DYOR
    DBM
 
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