moly price now 30us a pound, page-2

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    According to THR announcement in october 2006, they will be producing 1m pounds of moly and 100000 mtu of Tungsten oxide per annum. Their DFS was based on moly at $20US/lb, and Tungsten at $204US/mtu. Current prices of $30US and $250US respectively must make the payback period on the capex something like just a few months.....wow, what a project!!
 
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