At least the chinese investment in Moly received some acknowledgement, albeit 5 seconds by Ali Moore on business lateline tonight in the highlight stocks of the day.
Mol sp movement deserved much better today but as followers Know this stock can be very unpredictable and jump when least expected.
Whilst there can be an argument made for all view points on the merits or lack of in this agreement, To secure the chinese investment of this scale given all the obstacles presented is a great achievement! maybe we might now get some attention from local institutions and broker coverage.
Good things to come for moly hopefully we won't see these prices for much longer.
MOL Price at posting:
$1.41 Sentiment: None Disclosure: Held