pull back?I expect a slight drop to maybe .14. ( the sag after the news release) but then a further build up as rumours of a jv with a major
or starting production. The problem with the next step is the tonnage isn't proven by the new standard. This may create some hesitation for a deal with a major. Management can just start mining and shipping to the mill but that has some costs and risks too. Usually the successful moly producers are large open bit operations. That takes a lot of capital. The next two months will be interesting.