Foot in Mouth...

  1. 376 Posts.
    lightbulb Created with Sketch. 16
    ineptitude or deceit?
    following text clips about molyhil finance discussions from...
    https://player.fm/series/share-talk...ng-plc-talks-about-the-latest-molyhill-update

    5:24
    "...that will allow us to go out back to the financiers we spoke to about molyhil several years ago..."

    7:32
    "we had discussions with a number of parties several years ago...
    specifically in early 2015...not able to conclude deal as they said mine life needed to be a bit longer..."

    8:00
    "we'll go back to some of those parties..."

    Billings own words suggest that NO finance discussions have occurred since early 2015...yet..

    in March 2016 Billing said...
    "The Molyhil project just out of Alice Springs is ready for development"
    http://www.icn.org.au/news/northern...oject-sold-favour-central-australian-tungsten

    and in june 2016 Billing said...
    "Molyhil is ready to go"
    https://www.directorstalk.net/mick-billing-chairman-ceo-thor-mining/

    and in March 2017 Billing said...
    "Molyhil project is scheduled to commence production during 2017"


    and on Thor Mining's website it says...
    "the Molyhil project is scheduled to commence production during 2017."
    http://www.thormining.com/

    Everyone knows that Molyhil cannot commence production without finance, when you know that NO finance discussions are taking place and have not taken place since 2015, is it not a mistake to continually talk about commencing production?

    ineptitude or deceit?
    you decide...
    MT
 
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