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Moly Mines signs mine gate deal with MinRes

Moly Mines shares have shot up on the ASX after the company announced it had signed a mine gate sale agreement with Mineral Resources worth up to $38 million for output from its Spinifex Ridge iron ore mine in the Pilbara.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
204thNorthern Star Resources56%70%
209thMineral Resources53%19%
244thSouth3242%0%
397thResolute Mining9%17%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/06/18
$0 Issued
28/06/18
$0 Issued
28/06/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

2nd-South32$9,392.9m
4th-Mineral Resources$1,470.4m
6th↓Northern Star Resources$850.6m
8th↓Resolute Mining$560.8m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Mineral Resources

9thChris Ellison$2.918m
20thBruce Goulds$1.543m
28thBob Gavranich$1.323m
Ranked by total remuneration from all listed WA companies

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