We have an even thinner sell depth in the 40s now compared to when we had the previous run into the 40s.
Im starting to think that Hunan pulling out has done us a big favour. If form is any guide, negotiations with them would have been drawn out.
The vultures on the side who missed out it seems have been gratefully snapping up the loose stock. Im sure THR would be looking now for a pragmatic partner who is capable of putting pen to paper in a set timeframe.
From a financing point of view, hopefully THR can do something similar to DGR i.e raise money based on an enterprise value of the Molyhil project. This is necessary as Molyhil is not reflected in the current market cap. of the company. This Hardman report has certainly come out at a good time.
THR's prospects are really getting salivating now.
DYOR
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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