MOL 0.00% 6.9¢ moly mines limited

perspective..., page-7

  1. 1,913 Posts.
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    HB and co,

    Do you really think a Chinese would heavily invest in MOL to see the SP go down, especially when MO prices have only one way to go?... which is up. i think not.
    This company, with a volitile share price (and tightly held), has all of a sudden become very stable. Investors like this a lot, i know i do.
    Not to far now until dividends will come into play, also the introduction of MO on the LME early next year will give added stability. In the mining game, that is, as DF states, 'a very enviable position'.
    The two next major pushes of the share price will be, an increase in the MO price and some clarity on the FIRB.
    There is no guarantee the SP wont move up or down, but the overall trend is up. Hope this helps.

    E.
 
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Currently unlisted public company.

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