MOL 0.00% 6.9¢ moly mines limited

when the spp dust settles, page-2

  1. 523 Posts.
    goatpointer

    If I were you I would let your entitlement slip, you obviously don;t appreciate the huge potential that Hanlong have with this Company.

    As far as Kendalls are concerned they will always via on the conservative side, and yes you are right you have not done your sums right. They are looking at the picture based on todays fundamentals, if your a long term holder its a very different picture.

    This is a very large resource with over a 20 year mine life, prices will go up and down over that time period. So it follows that the share price will do the same.

    Is the SPP a good buy, well with the S/P trading at it current level I think that most people would say its a bargain. But we don't live in a perfect world and the S/P could be lower in the coming days, its your call. Some see the glass half full some half empty.

    I guess it all comes down to "do you believe Moly is a metal for the future world."
 
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Currently unlisted public company.

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