I happened upon a website: www.growthcompany.co.uk/company/THR/thor-mining.thtml. There is an article headed: "Thor sees 60m pound ($150m) prize". I can only assume this relates to the Molyhil deposit, as the article was written straightafter the feasibility study was released for Thor in April 2006, and prior to any announcement regarding the acquisition of the uranium tenements.
I suspect this is what they value the Molyhil project at, as is.
That being the case, the THR IPO is going to be pretty impressive. At $150m, that would value BTV's interest at something like $35m, or about 6c/BTV share.
I am almost curious enough regarding that article to subscribe to Growth Company....wonder if you can get a free trial.
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