THR flagship project is MolyHill having molybdenum and tungsten. Prices for these minerals are pretty depressed at the moment. Molybdenum is US$15/lb up from $8/lb, compared to US$45/lb a few years ago. Production costs is US$13/lb in China, probably $22/lb in Australia. The economics is just not there.
Eventually, the stockpile of molybdenum will run out and prices would have to rise. If you have deep pockets, maybe this is the one to buy and hold at these prices, 2.1c today.
THR flagship project is MolyHill having molybdenum and tungsten....
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.397M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.1¢ | 0.9¢ | $4.757K | 497.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1387728 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 100000 | 1 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| THR (ASX) Chart |