re: bullish trend I was ploughing through previous announcements. That one on October 26 is pretty interesting. It talks about the revised production capabilities of Molyhil. I suspect the DFS is going to be pretty good, because if you multiply those numbers out in that announcement the production revenue is outstanding, and given the high prices for moly and tungsten, I fully suspect the operating costs are going to be fairly low, meaning large margins. One thing I could not quite fathom is the apparent miscalculation. They talk about annual production of 1511t (151,100 mtu) of tungsten, but only 100000 mtu, then 950t of moly (which is 1.9m lbs) and yet only state production at 1m lbs. Makes me think they were being very conservative on production output. Anyone with a real understanding of the differential in that announcement?? Maybe the recent buyers have figured this out too??
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