Thanks for that post... Owning and following Moly in the past, they obviously bit off more than they can chew, the reason for their failure. Building out the mountain pass infrastructure sucked them dry. They never could reach maximum output capacity because they ran out of cash from the build out...
I can see Lynas doing a deal and sitting on the deposit until prices firm and then start production. Bottom line the deal would not generate instant cash, it would be done with a long term vision in mind. Question is, why would they want to put themselves in that type of position? What I do know is that there is tremendous value and future potential with Molys assets...
The way the stock has been acting, clearly something is going on and the market is responding favorably...
Good luck my friend!...
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