Moly Mines (MOL) have announced on 1/9/09 that they have been allocated an initial 0.8mt/a iron ore capacity for 20 months commencing July 2010 at the new Utah Point facility currently under construction. A coup for their management team considering that they only announced their maiden resource on 4/6/09. This gents is what one would call TRANSPARENCY and deal making.
All UMC shareholders seem to know is that management has registered interest for berths at the Port Hedland inner harbour which will be available in 2013.
So, how is one meant to export ore in 2011 (as they keep constantly stating) if all they have told the market is that they have registered interest for berths to be available in 2013?
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