Great to see the announcement Summary - final transaction date for MONEY in Moly's account 30th Apr 2010. This is US$140 million to retire outstandind debt to TCW. - US$500 MILLION Project Loan FACILTY( BIG BIG Bickies)for infrastructure and developments due by 30th June 2010. (Just 4 months away now). -Anticipated FINAL approval (3rd) from State Administration of Foreign Exchange must be done by 15th March 2010. Allother pre conditions of approval have been met. - Port access and export approved for October 2010. Great time to still BUYIN. Hopefully the financials from China do not start the buying too soon but who cares - Im on! Did somebody say they would be sending a delegation to look at the site soon? Sounds interesting also.
Great month of March is a coming
MOL Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held