MOL 0.00% 6.9¢ moly mines limited

I would rather see them spend the money on a good asset, there...

  1. 523 Posts.
    I would rather see them spend the money on a good asset, there are bargains out there at the moment. Lots of small companies with a proven resource but no way of getting it out of the ground, because of finance being unavailable to them. With the board being replaced lets hope its with a board that can take advantage of the companies cash position. Sure we still have the molybdenum in the ground but the price could stay down for a few more years. We need to move on, not buy back shares or pay a dividend, that's short sighted.
 
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Currently unlisted public company.

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