Re Mol molymines This company appears to have much lower grades...

Re Mol molymines This company appears to have much lower grades than kalman and therefore requires much larger plant to achieve similar output i believe MOL management indicated that it would cost 900mill to complete mine of which 150mill has been borrowed at a interest rate of some 20% (please confirm these figures with management or other parties) The balance of funds still have to be raised (wouldnt think this would be a easy task) In fact if these figures are correct it would be diffucult to justify a investment in mol It appears that the cost of a working mine at kalman would be between 150 - 200 million which would be much easier to finance