Well, we have surely a delay in offtake-agreement of 6 months. First efforts were in December quarter last year with direct negotiations between Thor and 4 or 5 other parties, some of them from Europe. In January they hired Penfold Marketing and Penfold prefered Hunan 'cause Hunan was obviously the only potential partner that would offer offtake and financing.
It seems to be no problem to find an offtake-partner so Thor must now focus on financing and find a solution for that.
I don't think that there is a major geological problem with Molyhil (but I'm no insider). We've only heard from difficulties in determine average head grades due to the irregular distribution of mineralisation. But initial assay results from infill drilling are promising IMO.
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0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.397M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2054000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1162547 | 5 |
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| Last trade - 16.21pm 14/07/2025 (20 minute delay) ? |
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