MOL 0.00% 6.9¢ moly mines limited

After sale approval, this will leave the company with a...

  1. 192 Posts.
    lightbulb Created with Sketch. 9
    After sale approval, this will leave the company with
    a significant cash and liquid asset position of approx $83M equivalent to 21.5 cents per share.

    I assume therefore that a dividend up to this ammount could be returned noting that the company would still have the molydenum mine resource sitting there for a rainy day.

    Any comments from others as to how much $$ could be returned to shareholders?

    I can understand why the sellers have dried up!




 
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Currently unlisted public company.

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