QOL from your report Synopsis Wolfram Camp – Tungsten/Molybdenum • Granting of Mining Leases imminent • Off-site infrastructure construction progresses well • 1 year Offtake Agreement close to finalisation • Update of capital and operating cost estimates for the project; project fundamentals still sound • 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.
THR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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