Book valuations are only current as at EOFY, the book value of...

Book valuations are only current as at EOFY, the book value of .81c does not reflect current FE prices, and as MOL has only just gone into production the BV has only one way to go, NORTH. What has to be taken into account are Molys current inventories which include the plant. Milling etc inventory isn,t cheap and what needs to be remembered is that Moly have only $73 million of debt and income now will be approx $94 Million. Admin costs as of last quarterly is about $4 million. With only 363 Million shares on offer and 73% of those being top 20, the sell down appears to be those who are impatient and want a quick return. Topwon you should be able to download a balance sheet from whoever you trade with i.e Etrade/Commsec etc. Im sure Evision is still holding his 500,000 or so!