Discussion seems to have gone quiet on MOL>
Overall I good quaterley result
Positives:
-Operation costs down
-cash up from $40M to $50M
-No debt
Negative:
- No long term direction on what to spend the cash on
- Hanlong as major shareholder
Again I cant see any down side risk with this
Just some patience needed pending future direction of company. Trading voluems are small and I assume the only people selling are those who cant wait for some strategic direction to be set byt he company.
As the current prices , good value and well below asset value
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Discussion seems to have gone quiet on MOL>Overall I good...
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