why so many buyers in the que, page-13

Coop


You are quite right about Spinifex Ridge, Fischer has made it clear that while the molybdenum price remains low it is unviable.

That puts MOL in a position where they must look for another project to put the loan from TCW to good use.

Whilst most investors were enticed by the moly story, it now seems we are going down a different road.

On a positive note Spinifex Ridge is still there and when the time is right its all systems go. With so few shares on issue this stock has the potential to soar.For this reason it may well be why TCW are keen to stay with MOL.