MOL 0.00% 6.9¢ moly mines limited

redrockgeo has summed it up in my opinion.High AUD and low...

  1. 6,072 Posts.
    redrockgeo has summed it up in my opinion.

    High AUD and low Molybdenum price makes the proposed mine uneconomic.

    At some point in the future (perhaps years away) the moly price may improve and the $AUD will depreciate but the time to develop is such a risk to the viability of the project going forward.
 
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