Info from Kso's dec07(asx0 presentation
1.“Molybdenum alloy Strengthen Iron n Steel “
Of course we all know of its demand for iron from FMG/BHP/Rio, nickel, gold, zinc, vanadium etc .
But no many of us know of moly, yet Mmly price is
2.5x nickel’s price and 10x copper’s .
If you like what PMA’s or MXR’s vanadium can do to iron/steel, then you’d like Moly too.
Metal Prices (Jan08) comparison (pg18):
Moly @34cent/lb
Nickel – 14ct/lb
Copper - 3.5c/lb
Zinc – 1.3c/lb
Molybdenum (pg 17):
-alloy to strengthen iron and steel
-found in 15%-20% of stainless steel
-CHINA is a MAJOR consumer
2. KSO has five projects.
One of the is a gold prospect adjoining GCX’s gold
project (GCX was taken by Sino recently for $100m. ).
3. KSO - 91m sh x 20c = mkt cap, under $18 m.
compare dthat o GCX's $100m price tage paid by Sino-Gold.
4. If KSO strikes moly/cu or gold/cu in one its
five prospects , then a simple est mkt cap s/be at least
$50m-$100m, or sp
=$50m-$100m/91m
= 55c - $1 per sh .
have fun!
DYOR and see disclaimers at bottom of page.
Info from Kso's dec07(asx0 presentation1.“Molybdenum alloy...
Add to My Watchlist
What is My Watchlist?