I have heard a rumor not to believe posters with no agenda...

I have heard a rumor not to believe posters with no agenda spreading rumors.

Get informed before you post and look at the quarterly report.

MOL is producing, just reported excellent numbers with rising revenues and declining expenses at the Spinifex Ridge ironore-mine. The ideal bridge in order to build up the big moly/copper mine with very limited dilution.

People are still cautious about Hanlongs intention giving the final "GO" for the main project before the moly prices rise. If they do, MOL will start doing what many (obviously frustrated) investors have been waiting for: becoming a major Moly-Player with a 10 million tonne per annum open pit mining operation and processing plant, later doubling the output to 20 million.

The evaluation is a joke at the moment, other miners/explorers with no revenue stream like MOL are valued threefold or more.

My price target is 5 AUD within the next two years, assuming much higher prices due to supply shortages that just begin to show.

regards
Julia