what's wrong with moly mines, page-9

Derek and crew stuffed up - there's not much else to it, with the amount of time they've spent in a sloth-like stupor the dream of having the moly mine operational has passed us by.

29/06/2011:
"Total capital and owners costs, based on the EPC contract awarded in May 2011, are estimated at US$720 million, excluding working capital and debt service during construction."

23/05/2011:
"The EPC lump sum contract price for the Project, which includes Australian dollar and US dollar denominated packages, is estimated at US$608 million."

Did that pearl of a inconsistency pass you by? The management can't even give straight figures let alone lie with a straight face. Still waiting for that call Derek?

Sold my lot last week between 85 and 75c... Goodbye MOL.

Good luck to that seller, you'll struggle finding buyers of size.