price of moly

  1. 408 Posts.
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    The recent slide is SP is most likely due to the price of Moly and outlook for supply/demand.

    http://www.platts.com/latest-news/metals/London/Molybdenum-oxide-continues-its-descent-as-offers-21265694

    This should put off some of the higher cost producers from further development.

    On the plus side Darts Unicorn project as a low cost producer would still be able to make cash at current prices, unlike many others.

    It may also look attractive to established moly companies looking for lower cost of production.
 
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