MOL 0.00% 6.9¢ moly mines limited

buy of the year, page-3

  1. 2,689 Posts.
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    "buy of year"

    I don't think so. If IO price fall (as predicted by many people), MOL will struggle to make any money. Look at last quarter when IO price went under $100/t, MOL struggled and loss money (about $13m/quarter). Some predicting $60/t and stay at $80/t for many years. Low cost producers like the big 3 will still make money.
 
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