MOL 0.00% 6.9¢ moly mines limited

income and expenses, page-4

  1. 770 Posts.
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    Why do you think they wont turn a profit on the Iron Ore Nic?

    By my (very) rough estimates selling at 150 producing at 45 - production over 5 years until/if more ore is discovered.

    Im in it for the Molyderum though. 10mpts per annum - selling at a $20 and production cost at $7-8. Doesnt get much better than that. Add to that a shortage in Moly supplies and 5 years from now I really doublt Moly prices will be $20

    Net value i got was $2.06 for Moly

 
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Currently unlisted public company.

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