dfs is released!!!, page-39

  1. 153 Posts.
    I really can't see what all the panic is about.
    The main thing this announcement has shown is how many people on here had unrealistic expectations of making a quick buck off the DFS. Either that or they're trying to influence other shareholders to sell so they can pick up more cheap shares like Mkav was doing earlier in the week.

    The results in the DFS show that it is highly likely that funding and an off-take will be forthcoming. Demand for Tungsten is high, and the NPV and IRR, although lower than many expected, are easily high enough to be considered a good investment. All figures used in the DFS were conservative, which only reflects a small portion of what is under the surface at Molyhil.
    Spring Hill, which has the potential (without exaggeration) to make Thor a huge company, is still there and about to be drilled. The second half of this year will be full of price sensitive news.
    Profume, if you are serious about trying to offload 6 million shares, would you really try to down ramp before you do it?
 
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