moly mines shows how to raise capital for moly, page-4

  1. 177 Posts.
    I am confident that THOR are progressing and will have a buyer for their metals.

    The market for Moly and Tungstan are tightening however, any potential offtake partner needs to consider all options open to them.

    QOL is expecting to be granted permission to mine their moly / tungsten deposit any day now. I would imagine that any potential offtake partner would have to consider QOL's mine and any other potential mines before agreeing on the terms of the offtake agreement. At the same time, assess the potential of future moly / tungsten prices whilst the US economy is on the rocks. (plus the election)

    Be happy in the knowledge that THOR is undervalued given the projected cash flows. I am happy that THOR have chosen to fund the mine with an offtake agreement rather than dumping shares onto the market which would dilute our current holding.

    We will be rewarded.

    THOR is undervalued, increasing demand for moly + tungsten, China restricting exports of specialty metals, strong potential to identify significant uranium and rare earth deposits.

    Oh yes, we will be rewarded. With hindsight we will be very happy that THOR chose to fund the mine through an offtake partner rather than dilution of our holdings.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $6.397M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $16.69K 1.854M

Buyers (Bids)

No. Vol. Price($)
4 723421 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 3184390 6
View Market Depth
Last trade - 14.29pm 21/07/2025 (20 minute delay) ?
THR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.