Indeed lately activity suggest that some shareholders want their money and I think for reasons that are not related to the company but rather to their market or other needs.
All we can say today (seems to forget that was a reality before the bankruptcy) is that AUA has goods and all the permits in place to start mining.
If the coal is in high demand (in present times) for steel why Moly shall not be…?
Quantity (tones) Mo (%) Contained Mo (lbs)
Measured 43,642,000 0.078 75,361,000
Indicated 231,712,000 0.065 332,550,000
Total M&I275,354,000 0.067 407,911,000
https://www.adanacmoly.com/_resources/news/2009-04-15_Adanac_Mineral_Resource_Update_April_2009.pdf
And… if is so big that the boys wanted hard to go down in order to buy cheap…?!?
Will see...