Michael Billing - Thor Mining Chairman and Chief Executive Officer and Overpaid Consultant....
August 2014 - Mick Billing Executive Chairman
"Initial DFS completed, upgrade currently being completed."
"First production in early 2016."
22 Aug 2014 - Thor Mining Plc Chairman & CEO Mick Billing details how the company is targeting tungsten development at its Molyhil Tungsten Mine.
Lelde Smits: "Thor Mining is currently aiming to finish an upgrade of the Definitive Feasibility Study (DFS) at the Molyhil project. What is happening now and what needs to occur?"
Mick Billing: "We’ve done a lot of the work, but it is based around what this ore reserve results are. We now have to upgrade the operating cost estimates as I’ve said, and there’s a lot of work being done on that, but a little more to do. Equally importantly, we have to upgrade the capital cost estimates for building the plant and we’re engaging with some third party engineers at the moment, to come up with those estimates. I expect we will see both of those jobs done by late September, early October."
3 September 2014
Michael Billing Chairman and Chief Executive Officer
"We look forward with confidence to completing the DFS upgrade, securing project finance and then commencing development at Molyhil."
I see my investment here...gone...wasted by an incompetent dishonest charlatan...
i'm not happy with this & have voted to remove MB from his positions of Chairman, Chief Executive Officer and Overpaid Consultant...MT
THR Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
