THR thor energy plc
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one thing that baffles me (and there are many believe me) is TC...

  1. mechturk
    376 Posts.
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    30/04/14
    17:37
    Post #: 13305939
    one thing that baffles me (and there are many believe me) is TC want 75% of Molyhil production.
    MB bemoans Molyhil short mine life is making finance difficult.

    why not reduce annual production by 25%, which should add 1.5 years to a 6 year mine life.

    TC are happy they get what they want.
    MB is happy as he can now peddle Molyhil with a 7.5 year mine life (min).
    and shareholders are happy - cos well we are obviously easily pleased...

    MT
    THR Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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