MOL 0.00% 6.9¢ moly mines limited

15-17 needed for financing.

  1. KGD
    236 Posts.
    this article is 6 months old, but he says: "What Fisher needs is a higher price for molybdenum. While it would be profitable at $10 a pound, that is not profitable enough for financing. “We need $15 to $17 to get the rate of return required to finance it. That's where we're aiming,” he said. "
    http://www.metalsnews.com/featured.aspx?ArticleID=55570

 
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