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Moly shelves US$720m project, again

Moly Mines has postponed its US$720 million Spinifex Ridge molybdenum project in the Pilbara, admitting that the mine development was not commercially viable at current market prices.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
139thSchaffer Corporation81%27%
245thSRG39%37%
335thCedar Woods Properties20%7%
404thMMA Offshore7%-40%
479thGR Engineering Services-2%27%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/10/16
$5.1m Sold
12/09/16
$350k Sold
12/09/16
$350k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

23rd↑GR Engineering Services$239.3m
24th↑SRG$235.2m
25th↑Cedar Woods Properties$222.4m
27th↓MMA Offshore$221.8m
28th↓Schaffer Corporation$215.0m
238 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from GR Engineering Services

134thGeoff Jones$599k
248thPaul Newling$458k
323rdDavid Sala Tenna$374k
Ranked by total remuneration from all listed WA companies

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