MOL 0.00% 6.9¢ moly mines limited

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  1. 81 Posts.
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    I used to like this companies projects, but on reflection I'm left worried about $810M borrowed all up if this $500m loan is taken up, on top of previous losses, for the existing capitalisation of Mol.
    I suspect debt servicing will leave nothing for existing shareholders, and cost overuns will further dilute.
    Any comments??
 
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Currently unlisted public company.

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