MOL 0.00% 6.9¢ moly mines limited

Ann: Company Update , page-3

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  1. 93 Posts.
    This update reads like a softening up exercise so that minority shareholders grant Hanlong yet another extension.

    Sure the $AUD is up recently but then so is the price of Molly and Copper! Should net eachother off.

    If finance was easy it would have been provided long ago. Been obvious for a while that the project doesn't stack up in today's enviornment and the financiers and Hanlong are simply waiting for the project's economics to improve.
 
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