We now have another block in place.
1. World class Moly deposit.
2. Hugh average grade.
3. Ultra high grade core (very rare)
4. Initial Funding Arranged.
5. Further Funding Announcement expected shortly.
6. Sulawesi government heavies just left Perth after a
successful presentation by the company regard its work
program (brilliant idea to fly them down here and look
after them).
7. Management (read Martino brothers) demonstrate ability
to pull off classy funding deals and to foster good
relations with Sulawesi government officials.
8. Major shareholders dig deep to assist the company to
take the next step.
9. Moly price remains high and predicted to challenge
previous high ($US40lb) by end of year.
10.Not many juniors that can boast a resource this large,
we are talking a minimum of $US9Billion of metal in the
ground and more likely $US18Billion (Rio opinion from
back in the 1980's).
11.Expect the drilling program to be upgraded in size once
the next tranche of funding is secured.
All in all we are on our way folks. Now lets see some share price appreciation!!!!!
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