My guess they will run the money dry and board will sell moly project to hanlong for tiny amount of money. Then this $85m cash will eventually get to hanlong... Just my guess. Ask yourself why so many directors were removed? Especially high profile in mining industry like Peter (former zinifex boss) replaced by you know who with inside trading. Why hanlong removed so many directors of a shell company? Mol has no project (moly project is dead).
MOL Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held