MOL 0.00% 6.9¢ moly mines limited

gustieThe due diligence being carried out on site is for the...

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    gustie

    The due diligence being carried out on site is for the core US$500m funding and is completely unrelated to the US$140 equity funding due from Hanlong prior to 24/3, this is confirmed by the 1/3 announcement which states.

    "Moly Mines is pleased with the progress made to date with the US$500 million Project Loan Facility. Several Chinese financial institutions are undertaking advanced due diligence activities with site visits starting in early March."
 
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