Joooles, I'm not sure those numbers are right.
QOL has stated Molybenum Oxide grades of around 0.17% (see their presentations), you converted this to a pure Moly grade of 0.102%. However, the $33/lb refers to Molybdenum Oxide (Molybdenite) not pureMolybdenum-
www.minormetals.com
So, you are understating the worth of their Molybdenum by around 40%. Also, they've said they will gear up production from 150k?
QOL
queensland ores limited
is wolfram profitable the answer is no, page-25
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