MOL 0.00% 6.9¢ moly mines limited

when the $500 mill is on the table in cash...I suspect the banks...

  1. 1,821 Posts.
    when the $500 mill is on the table in cash...I suspect the banks are shy like all current financiers of aussie mining ...IF the RSPT is ajudicated correctly , withdrawn , modified substantially, election rejected, etc etc this SP will explode .. idf the money comes through anyway this SP will explode, the only thing holding this baby back is the undcertainty of the impact of RSPT on the mine... but then 200m is already in the bag...I cant see ,,,,the bankers letting that go to dust....but then ...this is a risk for current shareholders that cant be underestimated ,,, if the bankers delay..then this is likely to derail for some time .. but the resource is there and the project economics increasingly vialble and profitable......this share b xmas is either 10c or $2-3....hmmmmmm..some patience and sweat here for sahreholders (apologise for typos in advance)


 
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