MOL 0.00% 6.9¢ moly mines limited

While I own stock and you had some good points, your note on $6...

  1. 428 Posts.
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    While I own stock and you had some good points, your note on $6 price few years ago is innacurate and missleading. Different company back than with different number of shares on issue, different production assumptions, price of moly, etc, etc, etc....

    Price of moly at $15 needs to double to reach its peack back then, also another headwind is high AUD. 60-70c is a good price point and to really shine and become profitable 2 things need to happen: price of moly has to go up (may happen in medium term), aud has to come down (again medium/longer term).

    I continue to hold.
 
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