Molyhil was a 'Monumental opportunity' in 2006 ;-)
http://www.greenenergyinvestors.com/topic/131-thor-mining-thrl-moly-mining-in-australia/
The first Definitive Feasibility Study (DFS) for the mine was completed in 2007, which indicated a profitable (in old money) development ;-)
https://www.mining-technology.com/projects/molyhil-tungsten-molybdenum-project-australia/
Molyhil had a signed off-take agreement with China's CITIC in 2008...
http://www.thormining.com/-/thor/lib/Docs/MediaArticles/08-03-12 THR Offtake agreement.pdf
the deal failed (reasons never clearly and honestly stated) rumour was of product 'contamination'...???
Billing (then an accountant with more than 30 years' of mining industry
experience in company secretarial, senior commercial, and chief financial
officer role)...became CEO April 2008...
https://www.investegate.co.uk/thor-mining-plc/rns/wdr-acquires-shareholding/200804300700513753T/
Updated DFS 2009, 2010, 2011, 2012, 2013, 2014
Updated reserve 2014, updated DFS 2015, 2016, 2017, 2018..;-)
at least thats what it felt like... ;-)
exciting times...if you believe the chatter you must be filling your boots...BOOM...would not want to be out of this over the weekend...not long now....great great news coming...
offtake and finance agreement or JV or Nothing (again)...
whatever your choice, gl.
MT
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