This moly project has been going on for years. Why wouldn't they just consider ramping up the iron ore operations over the next few years? Make their estimated $90 per tonne on every tonne produced and re-visit the moly operations in say 3 - 5 years when they finally get some real cash in the bank.
What's the hurry? Why try walking before you crawl?
;)
Nic
Ann: Company Update , page-12
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