Your suggestions makes good sense. Why pay the penalty and not have the funds? Perhaps by retaining the TCW funds the Hanlong people may be thinking that this could be a leg up to the larger plant sooner rather than later. Given the improving price for molybdenum and the fact that there are quite a few blue sky projects in the wind it would be reasonable for MOL to get the larger operation going ASAP. What do you think?
Cheers,
Countryshares
MOL Price at posting:
82.0¢ Sentiment: Hold Disclosure: Held