I was thinking the same thing Fontenay, regarding the potential aquisition.
Would like to see an update from the company stating their intentions. From a previous interview with the MD, they had a short list of 6 projects they were looking at, and were looking at making an aquisition at about this time.
Wonder if it's still on the cards, or they are going to treat the Spinifex Ridge Iron Ore project as their "Near Production" aquisition instead of buying one.
Interesting times.
MOL Price at posting:
42.5¢ Sentiment: LT Buy Disclosure: Held