Thanks Fontenay Yes, $38.5 million just for delaying sounds rediculus but Im sure they are playing the stalling game. For now I think we are just waiting for that MONEY investments authority to give the nod from CHINA. Actually I would have said they got it last month after or even before their New Year BUT why hurry is probably their theme for now.
With all those Molybdenum deals Hanlong seems to be dealing in, WE would think the financing is no problem. I would also think they Hanlong would try to get involved into action quickly once they take over anyways.
MOL Price at posting:
87.5¢ Sentiment: Buy Disclosure: Held
