THR's infrastructure at Harts Range--Bundey River.
Good road from Alice Springs; just under 200 km as I recall. Ground water plus springs and rivers in season. No electical power when I was there; but this is normal for a new regional project. In other words, THR would most likely need to generate its own until the market grew enough to justify State power.
THR's share price projection is entirely a matter the scale of the new emerging project[s]. This is the first uranium project to be drilled and tested--four areas will eventually be tested by THR.
The bigger the potential cash flow the bigger the share price. Just look at the iron ore hopefuls to see what can happen.
What you SHOULD have asked meis "what is the probability of THR finding uranium at Bundey River?" Had you asked me I would have replied, "100% chance of finding uranium, because I have done so very easily; but in commercial grades and quantities---at least 30% chance at this stage.But ask me again as we progress".Conix
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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