MOL 0.00% 6.9¢ moly mines limited

Ann: Hanlong and Iron Ore Update , page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,145 Posts.
    lightbulb Created with Sketch. 38
    Great to see the announcement
    Summary
    - final transaction date for MONEY in Moly's account 30th Apr 2010. This is US$140 million to retire outstandind debt to TCW.
    - US$500 MILLION Project Loan FACILTY( BIG BIG Bickies)for infrastructure and developments due by 30th June 2010.
    (Just 4 months away now).
    -Anticipated FINAL approval (3rd) from State Administration of Foreign Exchange must be done by 15th March 2010. Allother pre conditions of approval have been met.
    - Port access and export approved for October 2010.
    Great time to still BUYIN.
    Hopefully the financials from China do not start the buying too soon but who cares - Im on!
    Did somebody say they would be sending a delegation to look at the site soon? Sounds interesting also.

    Great month of March is a coming
 
watchlist Created with Sketch. Add MOL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.