opening predictions, page-3

Absolutely spot on thirsty.

They will read up on the subject and they should read up on Moly Metals (ASX:MOL).

As well broking clients will be asking the dealers they go through about it and they will go and see their mining analysts because suspect hardly any dealers know a thing about Molybdenum.

Its the metal of the 21st Century they say. Its uses are many and varied and it has amazing qualities with no substitute known man.

Its fture growth will surely come from the push to reign in pollution. It elimates certain toxit gases and sulphur. Its used in catalytic converters and will have a million new applications as more and more stringent controls of toxic gases come into being.

From pil pipelines, to nuclear reactors, to nuclear storage facilities, catalytic convertors, medical technology, blast furnaces, space vehicles, light filiments, Jet planes etc etc al used steel alloyed with Molybdenum.

Many Molybdemun deposits don't get financed and thus stay as resources in the ground. You need grade (RCH has grade in absolute spades) and size (another 50 Million tonnes delineation would be handy RCH). Fortunately RCH has plenty of ground both in Section B and the satellite deposits that should drag plenty more resources.

Can't get over the grade though. This project has awesome grade. Hows the central core of it which runs at 0.2% for 33 Million tonnes and close to surface????

Somebody wkae me up, I must be dreaming.

Good exercise, get out the Moly Metals presentations and substitute RCH's grade.

The fun part is when say. Ok its in Indonesia. Instead of Capex of $1Billion, lets make it $1.25 Bilion. It doesn't matter.

Good analogy is Iron Ore. If you have the grade and tonnage, everybody knows you will get funded and go places. On other hand if you have got that manatite crap grading at 35% (you know the crappy company up Port Lambert) most people know you have very very limited options and all the spin in the world wont get you to where you wanna go.

Money will find you if you are sitting on high grade ore. Marginal projects will wonder where all the financiers have gone