Comment by
Tad on Mar 14, 2022 5:28pm
Darn eyes, Correction to earlier calculations, should have been US$14.42 not $12.42 Let's assume an average price of moly at US$18.00 0.00067% x 2200 lb/tonne = 1.474 lb/t 1.474 lb/t x US$18.00 moly price = US$26.53/t US$26.53/t - US$14.42/t = US$12.11/t US$12.11/t x 314,430,000 tonnes = US$3.8 Billion Still leaves a very sizeable cash flow ..... GLTA !
Comment by
ThoughtsOnThis on Mar 15, 2022 9:21am
Thank you for that work-up / analysis. Much appreciated...