I hear you stonemason. I've been close to this for 3 years. This project will get done, it's too important in terms of global supply of moly, witness the offtake agreement, the roasting agreemetn, TCW deal. that said, the size of the project $ is large and the mkt has been brutal. if the interim hadn't got done when it did, they would have had to backburner the whole project for 6-9 mthns.
They could have done the whole financing a month or so back but they balked at the terms and now a $1 stock is the result, making it harder for themselves.
I'm just tired of the mgt, who i know, are not getting out on the stump and doing their share of selling to funds/people in Nth Amer who don't mind some risk. they're not good at it alot of these mining guys, the rest of the guys there with DF are beancounters.
MOL Price at posting:
$1.14 Sentiment: Hold Disclosure: Held
