great feeling, page-2

Any why shouldnt we feel GREAT.
1 All 3 Chinese Investment Authorities have said YAW YAW YAW.
2 The export facilty will be in operation for at least 25 years exporting IRON ORE, MOLYBDENEM ore, COPPER ore.
(Are they going to do any refining on site???)
3 The last Chinese Investment Authority said Yes on Monday 15th March.
4 Presently Hanlongs bankers now are ensuring all legals are water tight so that no snags in the future.

5 The next obstacle is on 24th March with whereby
Hanlong need to settle some outstanding Interimit Financing Facilitycash of US$1.005 million.
They obviously will settle otherwise a US$38.5 million fee wiil apply - OUCH.
So maybe news next Tuesday as to this .

6. All formal TRANSFER transactions to be done by 30th April 2010.I assume that on this day Hanlong will hand over US $140 million dollars so that Hanlong receives 200 million shares and 51 % major holder and OWNERS of Moly Mines is official.

7. A few other sweeteners have been included to Moly like 10 year loan of US$60 million.

8 PERHAPS the final transfer on 30th April will signal a new approach from OVERSEAS investors. Me still thinks they could start their charge anytime after 24th March.
Certainly great feeling to be on a company that IS moving FORWARD every day.
Watch out for swoopers - could just drop in anytime Im of the opinion.