with moly cash at $49.3m and a market cap at $65m, it means the NPV of (the mine infrastructure + 3 million tonnes in-ground + the molybdenum anomaly) = $15m which seems low.
it fits the bill of a company trading at or close to cash value, but this one had an operating asset. i think probably a short-term buy based on hanlong accumulating with an eventual takeover.
with moly cash at $49.3m and a market cap at $65m, it means the...
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