So as it stands we has some very good news giving off major smoke signals this will be a ripper of a dfs (you don't even need the cabbies to tell you that).
Where many people might be just waking up is the following comment by Midk;
“These improved recovery outcomes should make a substantial difference to the feasibility study” “With previous estimates showing A$900,000 in additional revenue per each 1% of tungsten recovery, the 100%-owned Molyhil project looks increasingly robust”.
Previous estimates show $900,000 revenue for each additional 1% recovery. Now with recovery rates at 85% up from 75% on 4.7 mt that = (well I'm not giving you the answer :)
PG
P.S There is also a lot of potential for further exploration upside just at MH. I,m excited and I wouldn't want to be not holding over Easter. Happy Easter all and I think we will be partying with the Viking Gods soon enough.
THR Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
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