THR 6.25% 1.7¢ thor energy plc

55 percent increase in resource, page-35

  1. 395 Posts.
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    well, this was not that kind of ann most of us had expected. I thought we could get an increase in metal.

    What we now have is an upgrade in measured and indicated categories- and that's not bad at all.

    Soon THR will report the new pit-optimisation and as J.Young wrote the resource upgrade should assist in ongoing offtake-negotiations.

    The resource-model is now more conservative and we are still waiting for the underground-study.

    So I don't think that Molyhil is dead and gone.
 
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