Nicolee, I think the point of this post was to highlight that...

Nicolee, I think the point of this post was to highlight that the forecast for the Commodity price is positive. Generally, its forcasts also err on the side of conservative.

Given that markets are forward looking, and positive trends forecasted for both iron ore & moly, I can't understand the reason for the drift, except that finance is not completed.
I do agree, however, that moly has a habit of drifting. I also understand that JPM is only one of many, however they do monitor the big boys like TCM, so perhaps this would provide some 'street cred'.

Once finance is completed, perhaps we will see some stability.

Btw - those are some pretty hefty 'admin' costs - if we need iron ore to pay for them. But, i do understand the point that iron is the side kick and should assist with putting the Moly business in a better position.

Go, lil' moly.