marcus, I just look at the ADANAC site for the moly price.In...

marcus, I just look at the ADANAC site for the moly price.

In terms of MOL, the deal is real simple. We know there is approx AUD18billion in the ground. We know they have enough cash to finalise PFS and BFS. We have a Chairman with a proven track record in raising finance.

What is MOL worth? In my view after the BFS is complete, it has got to be somewhere around the $3, $4, $5 mark.

This stock register is becoming tighter by the day. I think some funds that put up money for the $1.40 placement have sold out. Once this selling has dried up I dont see smashing $2 to be a problem. Based on the last 2 days buying, it seems there are plenty of big hitters who want some stock.

As usual, do your own research.