Put it in perspective the Moly profit was the sale of 760 tons at 35/basket.
We got 11,000 tons from phase 1 and they are trading where, 6.19?
Once we get phase 2 online and 22,000 tons PA this puppy has gotta be over $3 per share.
22,000 tons at $35 per basket is how many million, $770m?
Even with all our shares on issue thats 38.5c per share which should value the company at about $2.56 given a 15% risk factor.
bloomberg reports on molycorps 2012 results, page-4
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