MOL 0.00% 6.9¢ moly mines limited

re: Ann: Company Secretary Appointment/Resign... Interesting...

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  1. 169 Posts.
    re: Ann: Company Secretary Appointment/Resign... Interesting timing as I rang last week to speak to the Company Secretary and was thinking I should spit the dummy for him not returning my call when the announcement come through.

    On a positive note, the company is rightfully making some tough decisions to minimise costs.

    As long as the bank balance is increasing and there is no debt, I cant see the down side of hanging on until a positive announcement is made.

    If Moly distibuted the cash from the bank to shareholders, we will still be better off than the current share price.

    It has been a long time waiting, but I undersatnd the pressure is on the Company to identify its future direction.

    Just need to wait it out

    Unlike many other companies, at least Moly is not going backwards
 
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