RE:Narmac, you have outdone yourself with your reply....
Ty Zorro,,,,,,,Natalie responded, so that as noted is appreciated on our side. I hope she can keep the senior team off the sport fishing boats and the deep sea adventures!! :o)
I don't hold a whole lot of faith in the company anymore. My personal opinion is they will voluntarily delist from the TSX and simple trade over the Aussi exchange at sometime. The Spinifex Moly/Copper fiasco is devalued to $5 million or so on their books from what I can make out and there are associated costs to even hold that embarrassing weak asset. They have an ungawdly 399 Million fully diluted shares outstanding that will probably become larger in number down the road. Also to add insult to injury their Senior management team and directors salaries this year will possibly account for 7% of MOLs' total net worth at todays share price, and that makes me want to vomit. So, if there is no activity seen soon from within you can count on the burn rate demoralizing our shar price even more!
I don't have the answers...............maybe they should have started something in social media !! That seems to be a hot sector!! :o)
I can not for the life of me figure out why IO is not on their agenda...no mention of it any where. We don't need to be a competitor for Vale or BHP but a small revenue stream with a profit would make us look very good. We have some of that infrastucture. And we are situated in the middle of IO country|! Why look or buy someone elses' mine problem in a far away land??
I hope we don't get thrown out with the bath water but things certainly are not adding up here from my POV.
They are also in Toronto at the ;
PDAC
Metro Toronto Convention Centre
March 2-5, 2014
,,,,,,,,,,,,,if any readers are near by, perhaps they could stroll over and see what MOL have to say to the new investing public out there!!!
Booth # 2822