RNS..."During the June 2017 quarter, the operator at Spring Hill produced 610.84 ounces of gold, via processing historic ore stockpiles."
So why did Mick Billing with his 40 years mining experience not do this? lazy? or Dumb?
A$8,124 royalty payment....whooppeee dooo..
current gold price = A$1600 per oz
610.84 ounces x A$1600 = A$977,344
Thor get A$8,124 & could have had A$977,344
Mick Billing CEO "We are delighted..." ha ha...Mick's always delighted... wind or just simple?
..and the lender of funds (repaid in full) secured on springhill get 5% of ALL royalty proceeds received by Thor from Spring Hill. scam? or bad business?
Why would anyone with any sense invest in any company where Mick Billing is involved?
incompetent...or crooked? ...your call...
still...lots of good news to come, dundas, lithium, molyhil, pilot mountain, fully funded, copper, zinc, great management team, tin, lead, this can only go one way...Billings.
MT
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