in and out of this stock lately but believer in the long term...

in and out of this stock lately but believer in the long term story and the inability of the market to value a stock fairly. The problem is the market likes minimal risk and so until China sign the document then the mol project doesn't get the re-rate it deserves. Also other commodities are booming now so they don't want to buy a commodity story rather than one that is currently high.

However the 1mtpa of Iron ore is a current commodity and with a pe ratio of 10 at the end of the year the market cap should be 7-8 hundredd million, double today. That's without a penny for the massive mol project that granted is not profitable on todays mol prices but the forecast looks great. And could you see China who are the big importers financing this puppy if it weren't a sure thing mmmmm.

I see this like atlas iron before the big boys all jumped on board. All the gurus were calling it fair priced at $1 and all the people who could see the story so close were saying your mad. The market didn't value it where i thought it should be and then look at it today within a year at a much higher price. The same gurus calling it fair valued were within a month calling it a bargain, Whatever. MOL will do the same in my opinion.

Good luck to all holders