Molybdenum News Center

CEO of General Moly commented About The $14.3-million Loss

General Moly provided its unaudited second-quarter 2013 results, commenting that it incurred a net loss of $14.3 million, up from $2.7 million in the year-ago quarter.

Bruce D. Hansen, CEO of General Moly, commented: We have spent the past few months in discussions with a number of potential strategic partners and investors as we explore a variety of financing alternatives.

Including equity investments, project level investments and debt financings to determine which would provide the best outcomes for our shareholders in the current market.
 

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