Maybe you should go back to sleep Lion ...Moly Mines (as the...

Maybe you should go back to sleep Lion ...
Moly Mines (as the name may hint) isn't an iron ore company!! It will be, in approx 24 months a world class Molybdenum producer.
The 1M tonnes p.a of iron ore to be shipped for the next 6 years is simply a brilliant little cash earner for the company. This annual output will generate (based on current spot prices of approx $165 a tonne) $165 million p.a for the company for the next 6 years.
Not a bad little side line to the main event by anybodys standards!!
Given I bought this little gem at $0.35 just over 2 years ago and its trading at $1.28 now (and will be $2.50 in 12 months) there is definitely nothing to yawn about!!