re: News: Thor inks off-take deal & secures c... mate are you serious- tooo ummm errrrummmm errrr in this supposed pr booster for my liking- sounded a lot like me back in high school when I had to wing a school presentation with no presentation- still heavily invested because I have no choice but have to say that it doesn't exactly come through to me with high confidence that we have a md that is heavily invested and confident in what he is talking about-
another part that gets to me is that now we are supposedly months away apparently from securing finance for this deal -we have been looking for offtake partners for yonks, if I was md and was struggling to find an offtake partner for this looonnngggg I would have spent the time looking to a finance partner, having them on board and ready to sign away finance on the mention of securing an offtake partner- instead now we get a off take partner and then we look to finance- poor poor form imo especially since we are now heading into the quiet chistmas trading period, add another couple of months on top of his projections so lets just look at our investment in this company wither away and move sideways for another 6 mnths or so - because there is no better place I funds could have been during all of this time of over tating and under performing
you don't play a grand final before playing the regular season, so why wait for an offtake partner before securing finance instead of finding a finance partner that would be prepared to sign over funds once we have a commitment for the offtake of our tungsten- just proves, that this clearly isn't as good as it gets because if it was, we would have people barging down our doors wanted such a high quality scarce resource -
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