GDA good drinks australia ltd

As a result of the gf crisis, molybdenum prices experienced a...

  1. 3,267 Posts.

    As a result of the gf crisis, molybdenum prices experienced a sharp downturn, as did all raw materials. Yet by august the price of molybdenum doubled the low level seen in the second quarter 2009.

    How solid is this price hike and how long will it last? What can we expect in terms of the evolution of molybdenum production and consumption in China? How have prospects changed for the primary Western projects?

    Spinifex Ridge looks to be a viable project of world standards, 80km to the north of GDA's moly' ground.

    The GDA report out after market close on Friday has a few words about their Molybdenum.

    I haven't taken much notice of the moly GDA has but it might be worth something to GDA? Previous exploration seems to indicate GDA might be onto something 80km's south of Moly's Spinifex Ridge.

    Moly prices are all over the place as has been MOL's share price.

 
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