MOL
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0.00% 6.9¢ moly mines limited

+ presentation data and comment +, page-19

  1. stolwyk
    22,691 Posts.
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    03/10/05
    08:41
    Post #: 1156068
    re: + financing the spinifex moly project + Thanks for the info, Busylion.

    However, I'll stay with MO=Molybdenum which was $US34 /lb a fortnight ago and is now $34.88, some $3 more than Uranium.

    At the moment, one pays per tonne: 1000*2.2*34.88=$US76,736, a fantastic sum!

    Against that, Tungsten is very cheap but could rise.

    There are significant quantities of Moly required each year and the market sofar looks good.

    Cheers,

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.

    MOL Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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