QOL queensland ores limited

re: tungsten/moly Plough,I take your point about the volatility...

  1. 42 Posts.
    re: tungsten/moly Plough,
    I take your point about the volatility in the moly price. I don't think this is anything unusual but, as I understand it, when you have a working mine that's profitable on other metals then the moly is like cream on the bread and jam. You can fire up the moly production when the price is high and ease off when its low. But I don't really know that much. Just that there are lots of resources that contain moly in addition to other metals and in some cases the moly is ignored until the price is high enough to warrant mining it.

    Does this make sense?
    cheers, Hal
 
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