MOL has a large MO resource, however, it is essentially a copper mine. Copper mines take longer than most to startup, and they require a large amount of capital, planning and construction. So, the task was never going to be quick. This is a multi-year mine, so a few extra months needed to secure the right finance seems irrelevant, in the larger picture. You don't need to come out of the blocks fast with this type of resource, but you do need to get it right!
E.
MOL Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
