U need Mo in steel so it doesnt rust before its time. Eg check out old bridges with Moly still standing cf new with less which needed replacement. U cant skimp on it.
If u believe in long term growth of China / India middle class which look like eclipsing all past industrial revolutions over next 50 years, then u can understand why there is so much activity in bringing on new LARGE Moly (and ALL resources) production over next 5 years ........ and the big projects are probably that far away. Molyhill albeit small looks ahead of the big pack and its FAIR VALUE is all we shareholders are concerned about.
In fact expanding on that thought, we may even be looking at poss of a sale of a Molyhill package for cap return to shareholders so we can get on with the URANIUM !!! Now THAT would be a classic hey ...... non-taxable capital return at NPV+ on an asset to shareholders ..... been done by others if u think about it. SUR's mineral sands project comes to mind once they got it to BFS stage.
Anybody approached our leaders on this? Of course they wouldnt dare discuss unless it was a done deal. Only thinking outside the box again but seesm to me there can be more than one way of skinning the cat espesh for a smallish albeit very profitable resource.
Bottomline is to assess what is fair value and compare with market value. My back of envelope indicates great leverage in our favour about to realise. The rest is patience.
But bring on the U meantime ta cos THATS the main game in town for now and the next 5 years. Watched a CNN program over here on how world's pop is gonna increase by 1.5 billion over next 40 years. Thats a LONG TERM energy and resources need ahead bros and which should make old man Kondratieff thinking more in line of stronger for longer than even he has allowed for.
IMBOOC and keeping the faith here praise Thor haha.
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