Moly, THR have no concessions like scheelite apart from moly. The MTU/$ cost was already extremely high when you compare them to QOL. The capex has just been blown out of the water due to the increased mine life and reduced grades. The great thing about THR was always going to their moly credits - you'll need moly to double and stay there.
Pre-project financing will now be extraordinarily difficult as the head grades are now comparatively weak.
Commiserations.
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