Thor Mining PLC (ASX:LON:THR) Mick Billing provides a company update

Mick Billing, Executive Chairman, speaks to Share Talk while on a company visit to London, UK, this week.



He talks about the advanced Molyhil tungsten project in the Northern Territory of Australia, the feasibility study in which THR holds a 100%. It pays the capital back to investors, we hope to deliver dividends to shareholders along the way.

Finances are the key, on the back of the offtake, we are looking at direct investment, people who provided finance, we have a few balls in the air right now.

The cost to bring it into production will be around $43 million, and we can then build the infrastructure. We have a strong team with many decades of experience between the them.

The current share price, l think the market is not factoring in our assets, and we believe our team will deliver the news that the market will have to take into consideration – calculate these factors in.

Mick talks about the other company projects, money in the bank and he states that our cash burn is relatively modest.


Company Website

Twitter @ThorMining 


Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.