Molyhil Déjà vu...

  1. 376 Posts.
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    Molyhil was a 'Monumental opportunity' in 2006 ;-)

    http://www.greenenergyinvestors.com/topic/131-thor-mining-thrl-moly-mining-in-australia/

    The first Definitive Feasibility Study (DFS) for the mine was completed in 2007, which indicated a profitable (in old money) development ;-)

    https://www.mining-technology.com/projects/molyhil-tungsten-molybdenum-project-australia/

    Molyhil had a signed off-take agreement with China's CITIC in 2008...

    http://www.thormining.com/-/thor/lib/Docs/MediaArticles/08-03-12 THR Offtake agreement.pdf

    the deal failed (reasons never clearly and honestly stated) rumour was of product 'contamination'...???

    Billing (then an  accountant  with more than 30 years' of mining  industry
    experience  in  company  secretarial,  senior  commercial,  and chief  financial
    officer role)...became CEO April 2008...

    https://www.investegate.co.uk/thor-mining-plc/rns/wdr-acquires-shareholding/200804300700513753T/

    Updated DFS 2009, 2010, 2011, 2012, 2013, 2014
    Updated reserve 2014, updated DFS 2015, 2016, 2017, 2018..;-)

    at least thats what it felt like... ;-)

    exciting times...if you believe the chatter you must be filling your boots...BOOM...would not want to be out of this over the weekend...not long now....great great news coming...

    offtake and finance agreement or JV or Nothing (again)...

    whatever your choice, gl.
    MT
    Last edited by mechturk: 13/04/18
 
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