MOL 0.00% 6.9¢ moly mines limited

hold on, page-2

  1. 2,145 Posts.
    lightbulb Created with Sketch. 38
    Still a holiday in China but hopefully the paperwork all done NOW.
    Waiting with baited breadthe.

    Interesting that once Hanlong come on board say this week - what next?

    Hopefully with great urgency PUSHED along by the Chinese need to VALUE ADDED STEEL and a supposed dwindling in BIG deposits in China we would hope the momentum will gather pace. Keeping in mind thatthat MOLY could rank as upto one of top 5 -10 or so in the world once the production starts.

    Also once they are on board as the 51% plus shareholders - we know that anything is possible.Gradual or fast accumulation or takeover? Hmmm....

    I have vivid recollections of where Chinese interests were strong in some stocks I saw a few quick ++$2million dollar transactions very surprisingly during a one tradingday.
    Me thinks we could see a few big actions without notice BUT thats the name of the game.

    But we could also have a gradual rise as the work continues at Spinefax/ Port Headland.
    Still a few stumbling blocks to overcome but clock is ticking. All forward after the final approval announcement hopefully Wednesday.

 
watchlist Created with Sketch. Add MOL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.