Below is an extract from a report, for forecasts in the Moly...

Below is an extract from a report, for forecasts in the Moly price for 2010 - 2013 by JP morgan. The report was done late last year, but it gives an idea of average predicted prices broken down into each quarter.

What is of particular interest is the forecasts for 2011 onwards.

Overerall the trend is UP!!


Table 3: J.P. Morgan Moly Price Forecasts

2009A - 11.24
1Q10A - 16.06
2Q10A - 16.33
3Q10A - 14.60
4Q10E - 16.00
2010E - 15.75
1Q11E - 16.00
2Q11E - 17.50
3Q11E - 18.50
4Q11E - 20.00
2011E - 18.00
2012E - 22.00
2013E - 24.00
LT Real - 19.00


E = End (of Qtr or Yr (as appropriate))
A = Average.