Ann: March 2014 Quarterly Cashflow Report , page-11

Don't quite get how they do their accounting, but I am sure a primary school student with grade 3 maths would do better. I have just ret-read the quarterly and it just doesn't add up. The cost estimates haven't changed,
There is no development going on, so how can costs be attributed to that? Secondarily, production???, get real ... There is no production - MRL currently own Spinifex Ridge and are not in the rehab stage. Does Moly own something else that we haven't been told about that is being run through the books like some sort of money laundering scheme? And admin costs ... Geez the remaining staff must be paid a sh1tload for watching videos all day and taking long liunches ... If Moly ever does shut up shop I feel for all the restaurants in West Perth.
So to have these same cost estimates for this quarter there something that is not right, especially as they have harped on as much about cost cutting as they strung us along for so long about project acquisition. Look where that ended up.
Unfortunately I can't get to the AGM, but I hope there will be a BIG turn out and the directors are drilled with questions and they return truthful answers about where this company will end up before they retire for lunch at one of the many fancy restaurants they obviously have planned on the harbour afterwards?