With regard to Moly prices whats going to really get it moving North is the worst drought in 100 years in Chile.
How come you ask?
Well nearly all the Moly mines recive their power from Hydro generation and there aint much water flowing accross the entire country.
A great deal of the Moly supply coomes from Copper mines in Chile. Copper has already started to spike and it follows that the Moly price will go North as well.
RCH
richfield group limited
