ChartThe chart is basically at it all time lows and that is looking years back. The price has been put on park mode for a good length of time now.
It will gain momentum once the price for the stuff continues to grow. At present the moly price is depreciated to an extent that we cannot bet on getting the moly mine up and running under these circumstances.
It's a mission impossible. If the the market turns toward moly again due to the fact that older pipelines will be replaced for newer ones and the ongoing build for nuclear reactors ( at present roughly 60) which need vast amounts of moly, the price hopefully will pick up with the economy improving.