MOL 0.00% 6.9¢ moly mines limited

do i understand correctly?

  1. 808 Posts.
    Correct me if I am wrong. I hold a small position and not sure what to do.

    1. Moly Mining is no longer mining moly, it is even selling mining equipment due to 'Macro Financial conditions'

    2. It is producing 1mt iron ore but the reserve has only 5~6mt, so does it mean it has only 5~6 year production?

    3. What is the purpose of those hundreds of millions dollars loan when we don't actually have a target yet?

    4. Those executives got paid hundreds of thousands...for just one single mine, why?
 
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Currently unlisted public company.

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