cheers sugadante, I missed that first time round..looks an expensive report...i particularly like this snippet...
"Thor’s options
In summary, Thor could raise funds from the markets, borrow more, realise value from existing assets or simply opt to spend less. It could follow those options individually or in combination."
They forgot to mention inherit funds from a long lost cousin and win the lottery...;-)
& spend less...(laughing out loud with sides splitting)...why has nobody thought of that before...
Question; What exactly is an exploration company that spends less? answer; gone??
from western desert webpage...
"Thor is preparing for mine (springhill)development, commencing within 12 months,"
http://www.westerndesertresources.com.au/project/view/1
In a nutshell, 2 lines...
Start trucking gold out of springhill.
Get the finance for Molyhil done for pete's sake.
My sincere apologies to anyone reading this, I woke up very cynical today, maybe i should go back to bed...
gla
MT
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