re: Ann: Company Secretary Appointment/Resign... Interesting timing as I rang last week to speak to the Company Secretary and was thinking I should spit the dummy for him not returning my call when the announcement come through.
On a positive note, the company is rightfully making some tough decisions to minimise costs.
As long as the bank balance is increasing and there is no debt, I cant see the down side of hanging on until a positive announcement is made.
If Moly distibuted the cash from the bank to shareholders, we will still be better off than the current share price.
It has been a long time waiting, but I undersatnd the pressure is on the Company to identify its future direction.
Just need to wait it out
Unlike many other companies, at least Moly is not going backwards
Ann: Company Secretary Appointment/Resignation/St, page-3
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