RE: Near term triggers?for every small or big project, one needs money ..
MOL is in the midst of negotiating a 'huge' financing contract... not much detail available, however, certainly it is coming.... by the look at the price appreciation over the past few weeks.
Financing arrangement will lead MOL to new highs easy double from here.
It could have been done much earlier, however, the credit crunch and the severe dislocation in the financial markets have casted a spell on our share price. By the look, we are at the end of the subprime cycle.
good luck and don't just watch from the sideline.. this is bigger than TCM.