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
