THR thor energy plc
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Hi MartinIt's different this time. We've had numerous update on...

  1. Kiddo
    506 Posts.
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    23/04/12
    15:23
    Post #: 10022287
    Hi Martin

    It's different this time. We've had numerous update on figures to compare with the 2006 DFS. The majority of figures are exceeding the last estimate in 2006 and the figures are getting better and better (just refer to 2012's update alone e.g. recovery now at 85% comparing to 67.2% back in 06)

    We were nearly there (production) after the 2006 DFS only to have been brought down by the GFC when WO3 & MO commodity prices fell. This up-coming 2012 DFS is just an update to the 2006. If it was feasible to start production using the figures in 2006... why wouldn't it be now with much better results?

    Cheers
    Kiddo
    THR Price at posting: 3.7¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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