QOL from your report
Synopsis
Wolfram Camp – Tungsten/Molybdenum
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Granting of Mining Leases imminent
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Off-site infrastructure construction progresses well
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1 year Offtake Agreement close to finalisation
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Update of capital and operating cost estimates for the project; project fundamentals still sound
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Encouraging RC drilling results outside proposed pit limits
THR has an offtake for the life of the operation! not this one year stuff !
that means THOR has made it sale and just has to worry about operation and present a bussiness case to a bank, investor or old man down the road.
the only question is what are the conditions of the deal and what price they are getting it at.
Think about
I am buying 10 donuts from thor at 40 cents and i make 20 cents a donut ....
I am only buying 1 donut from QOL at 40 cents and i make 20 cents.
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