In this article I'll have a closer look at General Moly (NYSEMKT:GMO) which is focused on bringing its molybdenum projects in Nevada into production. I will provide a short background on both of its projects after which I will make some calculations to see if it would be a wise thing to bring the projects into production despite the extremely low price of molybdenum.
I will also explain the risks and advantages of General Moly's projects, and this will result in my investment thesis at the end of this article.
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There's sufficient liquidity in its shares as the company is trading on the NYSEMKT where it has an average volume of in excess of...
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