MOL 0.00% 6.9¢ moly mines limited

didn't talk about the last 5b, mate. should have said currently...

  1. 251 Posts.
    didn't talk about the last 5b, mate. should have said currently starting to make money with admin costs stable, rising ore production, and a higher margin. might not be much over the year, but if the funds roll in for srm/c with the final decision to proceed, high newsflow and fantasy will return depending upon what the spot price for mol is doing. if the us isn't broke by the end of the year, 18-20 usd should be possible with sp ready to test, possibly break yh. i'm pretty relaxed here cause the ore mine helps us avoid dilution for now. by the time the funding gap is to be closed for the big one this should be possible at completely different levels. mcap of around 250m aud for this baby having everything in place is something we will tell our grandchildren about.
 
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