I work for an ASX listed company (in management role), and i can tell you that operational matters will always be a priority over answering calls / emails from retail investors....especially in a small company where there is no marketing department or investor relations staff.
As for having a go at THR management....again...rubbish sprouted by posters to suit an agenda.
The results were compiled by CONSULTANTS.....done so very conservatively with the aim of building in a higher confidence level in the resource....to make it easier to get finance.
I'm not sure i understand what you could possibly blame mangement for? They don't physically place the Tungsten / Moly in the ground.....the resource is what it is!
We still have the same metal content in ground. To say that these results will make mining more expensive is big furfy also.
The "NEW" mining plan and pit optimisation plan will determine the operating cost....and new drilling is almost a certainty....this resource will grow.
Although the dynamics have changed, the IGV of $800,000,000 at Molyhil is still in place.
The punters who sold in 20's will be looking to buy back in the 30's within 3 weeks....imo DYOR etc.
Total over reaction...what is more dissapointing is the uninformed posts....very superficial. I suppose it's a reflection of where the market is in this bull run. Everyone want's the 100% increase overnight....constantly looking for a multi-bagger.
I suggest a bit of balance is required.
Cheers!
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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