Could be the cost of setting up a mining operation. A report in the FIN Review earlier this week on Moly Mines indicated over a billion dollars in funding was required for their operation.
Maybe that is why management are chasing Chinese investment on their trips to Hong Kong, a huge amount of dollars are needed to set this up.
If they can be successful in luring the required capital to progress this then i am sure the share price will rise dramatically.
Their delayed Jorc announcement hasn't helped the sp either.
A lot of patience is needed with this one, which i am running out of.
press release, page-15
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