THR 6.67% 1.4¢ thor energy plc

ouch! I do hope metal mickey reads this board...and can google...

  1. 376 Posts.
    lightbulb Created with Sketch. 16
    ouch! I do hope metal mickey reads this board...and can google stormbringer...!!

    For any new investor, check out what happened to these projects...
    Hatches Creek
    Curtis Pound
    Bundey River
    Daicos Prospect
    Hale River
    Harts Range
    Plenty Highway

    but we still have...
    Molyhil
    Springhill
    Dundas

    and more recently...
    Pilot Mountain

    BUT if anyone thinks Mr Billing has achieved 1 positive outcome or improved Molyhil, this is from the Dec 2008 quarterly report...

    http://www.thormining.com/Reports 2009/Oct_Dec08QuarterlyReport09.pdf

    "The new reserve indicates that a total of 4.9 million pounds of molybdenum metal and 700,000 mtu's of tungsten can be recovered over the expected life of the open pit with a life of mine designed to be 5.7 years."

    compare the figures there with the jan 2015 feasibility study...

    http://www.thormining.com/ASX PDF/THR ASX Molyhil FS 20150112.pdf

    "6 year mine life."

    So, 7 years has past, in which time Molyhil could have been completed, done and dusted, but no, MB has achieved absolutely nothing, nil, nada, only he knows if that was the sum of his ambition.

    dumb monkey that he is...;-)
    MT
 
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