Hi Moly,
since I am mechanical engineer, also with exam in material sciences, I am not specialist for geological formations.
Conix is surely the expert here.
But I enjoyed the research about Molyhil and this special
geological situation. It was right that the THR staff examined the ground of Molyhil, not to give away the offtake for a too low price.
Schwarzwalder or similiar seems to be a German name, I will
read about it via google. Probably German emigrants named it Schwarzwald, since Schwarzwald means Black Forest (mountains in Germany).
Uranium business is partially done by German experts, company Uranerz in Canada, Uran Erz (even German name, which means Uranium ore), Erongo Energy (German geologist Klaus Eckhoff, who is also involved in Tiger Resources).
Erongo Energy is Australian company exploring in Namibia, former German South-West-Africa, close to Paladin Resources´ assets.
Putting Molyhil with tungsten and molybdenum in a shaker with Rare Earths and all the Uranium assets, it´s a nice THR-Cocktail with a lot of fantasy ;-).
30-60 Eurocents Molyhil + 10-20 Eurocents for Rare Earths
and 20 Uranium Eurocents, THR share should be worth 0,60-1,00 Euros or 1,0 -1,5 Australian dollars quite soon.
That´s naturally a personal estimation.
But have a look on the peer groups which were also mentionned by THR and I believe that the share price of THR is MUCH too low.
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1.1¢ |
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Mkt cap ! $7.818M |
Open | High | Low | Value | Volume |
0.9¢ | 1.1¢ | 0.9¢ | $25.90K | 2.677M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 369328 | 0.9¢ |
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Price($) | Vol. | No. |
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1.2¢ | 993871 | 4 |
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No. | Vol. | Price($) |
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4 | 369328 | 0.009 |
8 | 1603083 | 0.008 |
6 | 1643979 | 0.007 |
5 | 1006833 | 0.006 |
2 | 577727 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 993871 | 4 |
0.014 | 255000 | 1 |
0.015 | 243352 | 1 |
0.016 | 100000 | 1 |
0.017 | 165000 | 3 |
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