Article in the Fin review today that Moly Mines cannot obtain funding from their Chinese joint venture partner due to the Ozzie dollar and the poor price of molybdenum.
I wonder where AQR fit in this scenario?
We have been waiting years for the company to finalise "Joint Venture" agreements, maybe the Moly situation applies to us as well?
Apparently the metal is sold in US dollars but the CAPEX and OPEX is in Aussie dollars.
molly mines
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
