The whole idea of aquiring a near production asset using the loan facility, is to generate income while MOL waits for the price of Moly to rise.
Also, the revised Spinifex Ridge project will be given the green light as soon as Moly prices recover. Add the fact that a lot of Moly mines around the world have been mothballed, positioning MOL to take advantage of an increase in demand.
The fundamentals and huge upside of this company haven't changed just because you sold yesterday!
Cheers.
MOL Price at posting:
45.0¢ Sentiment: LT Buy Disclosure: Held