At the current prices for moly and at the projected mining rates, yes. I never insinuated you were retarded but you suggested 5 dollars a share at the current prices, maybe you need to take extra math classes or explain how you get to this share price, The current price for moly is about 16-17 a pound and long term production costs are about 15 a pound, the first 5 years of mining are said to incur higher mining costs. with over 300 000 000 shares on issue i can not see it. I think i have explained why i dont own shares in MOL
MOL Price at posting:
80.5¢ Sentiment: None Disclosure: Not Held
