With 40% of the stock held by chinese investment companies that bought into the float 2 years ago at 25 cents. Its an educated guess they wont be selling under the issue price.
That makes for a pretty cheap and tightly held stock at the current price.
On top of the moly we have and i quote the MD: " Early indications point to the potential of a significant gold system ".
Hoping for consolidation today in the low teens.
