Hi Dratoz,
Have you seen that LME has now started trading Mo. The 3 month price is US$17/lb (US$37,500/t). From memory that is far better (+50%) than the price that STZ was using last year when calculating the project NPV. It was also an improvement on the market price at the end of January (US$14.74/lb) +15%!
I only hope that these guy can get their project supported. I hate watching the share price continuing to slide. I wonder who sold at 4.5cents!
TFP
http://www.lme.com/minormetals/Latest_molybdenum_prices.asp
- Forums
- ASX - By Stock
- silence before the storm? (i hope)
Hi Dratoz,Have you seen that LME has now started trading Mo. The...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online