THR 0.00% 1.4¢ thor energy plc

upgraded ore reserves for molyhil today or tom, page-18

  1. 400 Posts.
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    Conix, you assume a 50% increase of ore. That's IMO prabably too much. Maybe 25-30% or so.

    In Far East Capital Report (THR Website) there you can find an estimation of mine-life extension from 3-4 years (DFS= 44 months) to 4-5 years. So let's say one additional year open pit- and I'm very happy if this will come true.
    Later we might have a chance for underground mining.

    But nevertheless- half year, one year, or two years more mining at Molyhil will give us benefit anyway.

 
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