Article in the Fin review today that Moly Mines cannot obtain funding from their Chinese joint venture partner due to the Ozzie dollar and the poor price of molybdenum.
I wonder where AQR fit in this scenario?
We have been waiting years for the company to finalise "Joint Venture" agreements, maybe the Moly situation applies to us as well?
Apparently the metal is sold in US dollars but the CAPEX and OPEX is in Aussie dollars.
Article in the Fin review today that Moly Mines cannot obtain...
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