aussie miner discovers 17.8b energy metal, page-19

  1. 1,200 Posts.
    Yes it will be more difficult to get finance, it will be more expensive and it will come with specific prerequisites such as equity raising and hedging.

    This is a very long-term project in a niche commodity and if the BFS holds up at long-term prices and off-take agreements are in place I don't see a reason why finance can not be arranged.

    About 4 (5?) years ago i remember looking at Moly but I walked away because i felt they were nowhere near ready. Seems the project is a lot more advanced now.

    Anyways I've got 1.6% of my portfolio in it so i can give it couple of years and see what happens.

 
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