MOL 0.00% 6.9¢ moly mines limited

Hi folks,I don't get it.Company is valued at 77 Million.Has 45...

  1. 21 Posts.
    Hi folks,

    I don't get it.

    Company is valued at 77 Million.

    Has 45 million cash at hand with not a lot of debt.

    Shipping 1 million tonnes a year with comparable extraction costs as the big players and a 6 million reserve.

    Each departing vessel from Port Hedland is carrying about 12 million dollars worth of iron.

    Is this share price being punished due lack of company direction or communication?
 
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Currently unlisted public company.

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