"One of the other upsides of MOL is that Hanlog has financed the purchase of Sundance Resources" ...
hmmm, maybe you need to reconsider that statement. From my understanding, Hanlong is trying to 'orchestrate' a deal which sees a steel mill stump up approx $4Billion for the transaction to proceed......that to me means that Hanlong is merely the 'broker' in the overall deal.
I stand to be corrected!
MOL Price at posting:
14.0¢ Sentiment: None Disclosure: Held
