MOL 0.00% 6.9¢ moly mines limited

If the share price holds at current level I think it very...

  1. 523 Posts.
    If the share price holds at current level I think it very unlikely that we will get the max allowed.

    With regard to FIRB approval comments made by the W.A premier, that FIRB should not hold back small mining projects who are seeking foreign investment is a positive. The fact that FIRB have approved a number of projects must give MOL holders some encouragement.

    Add to this the Iron Ore market is looking very healthy is another plus for MOL.

    Hanlong are very smart coming in now, they pick up a first class asset cheap. By the time they are in production Moly prices should be at a premium. For current shareholders this deal is the best we could hope for, lets keep our fingers crossed, waiting waiting!!!!!!!!
 
watchlist Created with Sketch. Add MOL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.