MOL 0.00% 6.9¢ moly mines limited

tomorrows action, page-9

  1. 3,124 Posts.
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    Hi Evison,

    With all due respect I do not see where it says that China HAS introduced tariffs.

    "Aside from speculation that China ministers might declare moly a strategic resource and restrict import"

    Please note that it says SPECULATION and MIGHT.

    "The Central Government of China has professed to preserve natural resources and, when molybdenum production in China is restricted, it is strongly forecasted that China will transform again from 2011 to the country to import molybdenum with net quantity in the same case as that in 2009."

    Please note that it says WHEN molybdenum production in China is restricted.

    I cannot see any mention that the tariffs of 2007 and 2008 are presently imposed. The article does however indicate that tariffs will most likely be imposed in the future.
 
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