MOL 0.00% 6.9¢ moly mines limited

Thanks fontenay about that important announcement.Certainly the...

  1. 2,145 Posts.
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    Thanks fontenay about that important announcement.

    Certainly the NEWS could be known within 2 weeks if not earlier.

    My impressions are that the Chinese/Hanlong would obviously look at fast track expansion to whatever limits were available to them once the full takeover is done.

    If the magnitude of discoveries were to compound then the mines capabilities could be such that I think a railway track could be eventually be built to Port Hedland. Im sure that even if they brought their own expertise in to do that it would be to their benefit.(BUT leaving this for future thought perhaps!)

    Back to that statement of by Dr D Fisher in March...
    "He said several Chinese financial institutions are undertaking advanced due diligence activities with site visits starting in early March."

    I would envisage that these visits would also entail the possibility of what other LARGE SCALE opportunities would eventually result in the surrounds of the Spinefex site.
    It would be interesting to know perhaps what additional tenements were pending and how soon they would be known.
    Obvioulsy Hanlong would be extremely excited if further areas would be announced in their favour.

    Good to at least feel that eventually the news is just around the corner (once again?).




 
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