However any sellers will soon become history as a new resource update is announced and PFS completed.
This stock should attract some serious attention when these milestones are achieved.
Just remember, once the resource is defined and PFS completed, Id say they would then start looking for an offtake partner. Once an offtake agreement is signed then expect another spike.
There is plenty of money in the bank to take this to BFS. Given the current moly price, this project getting the green light appears a certainty. Lets not forget the company has a Chairman with a proven track record of raising finance.
MOL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
