MOL 0.00% 6.9¢ moly mines limited

The figures you envisage $300 million are in about 3 years time...

  1. 2,145 Posts.
    lightbulb Created with Sketch. 38
    The figures you envisage $300 million are in about 3 years time based as you said about $15 per pound of Molybdenum.
    Hopefully this figure could be anything up to $40 per pound or more so this final figure profit could be UPWARDS of $500 million annually.(in 3 years time of course)

    This could translate to a dividend per share of about $2 on say 350 million shares (projected). So what would that value a MOL share ? $10<==> $20???? higher?

    Initially this year it would be great to start iron ore exports to start small cash flows. Maybe upwards of $25 million EXPORT per month as a small entry and growing to $50 million per month next year (Only estimate figures from my part) then that could represent perhaps $5-20 million profit per month this /next year.

    For now the best guide also for share values is

    1 Hanlong settle the $200million investment.

    2 Other Chinese institutions come on board to support CHINESE investments and increase stakes of shares.

    3 Infrastructure developments are faster at Port Headland allowing Moly to start exports about October 2010.

    4 The $500 million additional investments from Hanlong start coming into play in JULY 2010 - thats just about 5 months away.

    5 AND as we have learnt that if the CHINESE want to become STRONGLY involved because of the mega potential of Moly
    - this stock could go ballistic easily and well OVER $5-$10 be traded - but for now its all in the lap of the stock trading GODS for now (the Chinese ones of course).

    Anyways great buying price for now knowing that something could happen as early as next week.
    Hopefully price stays low for now while I nibble away down here.
 
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.