RE:RE:RE:RE:RE:RE:Q1: Is Moly removed from NPVMetal,
You are exactly right. I'm not concerned that RIO may not know the true value of moly - it's WRN I'm concerned about - I hope they know. The US government has finally come to realize how vulnerable the US has become with rare earth and strategic minerals. China controls the majority of rare earth minerals (having many uses that have to do with our national security). The strategic minerals are also essential for our national security, and include moly, lithium, Yttrium, cesium, and others. That is why the price of moly has jumped so much lately, and I think that price will be $33/lb or better from this point on. WRN may be sitting on a "gold mine" of moly! I may need to go and give them a lecture on the future value of the moly. Butte Resources, a copper miner in Montana, has graduated the moly in their ore from a by- product to a co- product, and in 2020 produced 66 million lbs of Cu and 8.7 million lbs of moly. The executive VP was interviewed recently, and stated " Without moly, we don't have a mine. We have to have moly to make this a viable operation." Paul, take a long, hard look at moly and make sure you are properly compensated in the buyout for that very valuable asset.
Oakie 1