Just read a couple of MOL anns - $50mill market cap now approx = their cash as at 31 March - and their ann on 1 July says their cash will now be $80mill after the mine gate deal to sell iron ore to MIN has been inked & stamped. I note on their www site that the iron ore resource is tiny - at about 5 mill t. But still sweet when converted to sales.
Just read a couple of MOL anns - $50mill market cap now approx =...
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