Hi Don,
Not sure you are right about MOL making money now, but they will by the end of year. First Iron Ore shipment mid Dec.
They are looking at increasing the iron ore production, I would say upto 1.4mtpa. With the price of I/O at say $100tn and at a cost of under $50 per ton that's a very nice little earner. And its pre sold so no worries about trying to market it, {got to hand it to those Chinese} very smart business men.
Also what people may not realise copper is on the up and MOL have a fair amount of that also.
Give it time for the Moly price to catch up with world demand and this stock will be at a true value.
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