redrockgeo has summed it up in my opinion.
High AUD and low Molybdenum price makes the proposed mine uneconomic.
At some point in the future (perhaps years away) the moly price may improve and the $AUD will depreciate but the time to develop is such a risk to the viability of the project going forward.
why why, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
