MOL 0.00% 6.9¢ moly mines limited

impending announcement, page-13

  1. 523 Posts.
    Great site ameliustag,

    I read somewhere on another site,if you want a rough value of a company.

    Total up the in ground value of the resource

    Mo $16,971,704,725 @ $18-90 lbs
    Cu $ 5,520,308,622 @ $ 3-80 lbs
    Au $ 751,844,431 @ $19-80 oz
    Fe $ 630,000,000 @ $90-00 ton

    Total $23,873,857,778 divide by 10 = $2,387,385,777

    Divide by number of shares after Hanlong have secured the finance approx 375mil

    So we have $2,387,385,777 divided by 375mil = $6-36

    Looking at these figures you can see the potential for MOL and thats at todays prices. Molybdenum could go to $30 by this time next year.
 
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