MOL 0.00% 6.9¢ moly mines limited

With the announcement of the signing of a term sheet coming in...

  1. 523 Posts.
    With the announcement of the signing of a term sheet coming in the next few weeks, "what can we expect"

    It was interesting to listen to Derek Fisher on Boardroom Radio yesterday. He said they are looking forward to bringing on the copper mine, never heard him say that before, he always refers to the Molybdenum mine. Copper is in the news a lot seems we will have a world shortage.

    I also notice that they have taken up more leases around Spinifex Ridge looking for more iron ore. Not unlikely that we will have further finds in the not to distant future.

    By the end of the year first shipment of Iron Ore and the start of a cashflow.

 
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