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0.00% 6.9¢ moly mines limited

molybdenum up 6% in 2 days

  1. ameliustag
    2,145 Posts.
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    18/02/10
    21:11
    Post #: 6349088
    With the LME about to allow Molybdenum metal trading to start on 22nd Feb it looks like the interest is building a lot sooner than anticipated.
    In 2 days Molybdenem up over 6% from $15.50 a lb to $16.50 in Europe and also in 3 months it has bounced back from about $10 to $16.50.(Up about 50%)

    Now who was it that was just about to receive USD$150 million to kick along their project at Spinefex /Port Headland?
    MOL Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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