With the American FED saying their economy is on the up and growing.
New car sales up etc along with interest rates up 0.25% overnight, demand for all things steel and all things that can/need crushing by Moly-Cops balls is on the rise with growing demand as well.
It is public -The American economy has turned POSITIVE.
0.5% drop in percentage unemployed over a year is BIG for the US.
When Americans start spending the whole worlds earns an income -
China in particular as well.
Once the Yanks allow the export of oil,which is imminent,then that too will alter the world geography and reduce incoming cash flows to the middle east and many radicalized countries.
And about time.
That will also help fuel global recovery with even cheaper oil.
That rise will also make it easier to borrow in a couple of years when/if ARI may need to refinance.
DYOR + DYODD Moly-Cop's value just went UP kept or sold.
ARI Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
