MOL 0.00% 6.9¢ moly mines limited

tomorrows action, page-19

  1. 3,124 Posts.
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    Thanks Nic. If it retreats to $1.10 and the general economy is still holding up I'll buy some more. Do you or anyone else know when the full loan documentation will be completed? Looking at an extract in the article:
    "The approval is for an amount of US$466 million, to be provided in the form of Chinese bank loans. The balance of funding is currently being sourced by Hanlong."
    Does this mean Hanlong already has the balance or needs to borrow it? Might make a difference if there is a squeeze on lending?
 
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