MOL 0.00% 6.9¢ moly mines limited

breaking out.

  1. 572 Posts.
    MOL showing strength - at last.

    Not into TA but imagine the downtrend has been broken.

    Just a wild guess - but it seems financing may be on the way now to allow for mine and processing plant to be commissioned on schedule.

    The demand and price of iron ore has taken off.

    What seems logical is that the demand and price increase for MOL's product will surely follow giving MOL a bright future and potentially much higher share price than previous record high.

    One for the patient though.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.