china friend or foe, page-5

Agreed font
I will be applying for 2 entitlements 10K each. I know it will be scaled back. I know the SP will be subdued for a little while after whilst some want a quick trade. I will hold my allocation until next year. We will have a better picture of the steel requirements in the global recovery and therefore moly price then.
Hanlong know china its their core business. They know the demand for mol will be there hence they have not been shy in coming forward.