JC, so true. They (Simple investments) would be the one to know...

  1. 506 Posts.
    JC, so true. They (Simple investments) would be the one to know first & have a better understanding of THOR's projects. They wouldn't have invested so much if it ain't worth it.

    KC & Hektikkk, We really need to sort the discrepancy between the figures from both 2006 & 2012 DFS. It totally doesn't make sense. Something (figures used) isn't right.

    At $28Million NPV --> that equates to around 3.5c/share.
    It's a big drop from $88Million (NPV) from the 2006 DFS.
    The recent 2012 DFS should be BETTER with most parameters IMPROVING (e.g. recovery rate up, ore throughput up, tungsten price up etc).

    I am not doubting but the figures need to be clarified so that other potential investors don't compare the wrong thing & mis-understand our Molyhil asset.

    Kiddo
 
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Mkt cap ! $7.107M
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