expectation, page-11

People get nervous, but the dfs will sort a lot out. The dfs will give the market and suitors for an off take what they want operational costs and projected profit also a time line. The dfs is also important as it allows THR to go to banks and such with payback times and a projection of how much profit there is along with mine life. In the market today its all about certainty,
The DFS gives THR that. The market will respond accordingly when it see the results, for now even though we have guessed projected profits unless it's there in front of brokers and such they won't touch a stock. I would say with the DFS along with a roadshow THR will hit a lot more radars.
Many times you read back on a stock that moves up and everyone on the tread knows about it and where right but it's the conformation and certainty that moved it not the knowledge of the thread. While I pointed out ORM, I really think THR can match the MC and with off take, finance and dfs a 6 to 8 cent sp is achievable. It's only a 56 mil au market cap.

As for a JV I doubt THR will enter into one finance will be easy once the dfs
Hits the ground. Along with an off take agreement., we have seen recently because of shortages Sandivik buy there own tungsten mine and a few large companies who rely on tungsten take off take agreements. The Japanese import majority of tungsten and not many have off take agreements are they looking? Tungsten as we know by the price use and demand is outstripping supply. Let guys make peanuts am happy to watch while I am waiting for it to unfold at the moment tungsten is a defensive metal that will due to supply constrictions will hold up during any turmoil.
Hard to sell now and wonder at such short sighted ness for selling so close to game changing events.