Philex, agreed on the dilution point ,however, brokers and...

Philex, agreed on the dilution point ,however, brokers and insto's don't like to hold too much $$ up in company's too tightly held as they are difficult to get out of should any problem's arise. Especially as we're dealing with a metal so scarcely traded like molybdenum.
The board ratified 45m shares to be issued if needed at the last meeting these should help with liquidity after the next round of drilling is completed.

A commercial amount of copper or some some good gold hits may be the only way of seeing a big surge in the share price from here on. The market just doesn't love moly as it is on it's own.

Moly mines and Aussie Q resources are a good example of these.


Anyone know if Ivanhoe mines operate in the same area as Zamia?