THR 0.00% 1.6¢ thor energy plc

Pilot Mountain near Jackass Pass, page-5

  1. 333 Posts.
    lightbulb Created with Sketch. 6
    I agree Snowkat, how can a man of MB's limited talents possibly manage to ensure the best outcome for both THR & BFE shareholders? that deal smells big...& the vote was a vote in name only...i would not trust MB to sit the right way on a dunny...

    Fact...

    MB has never once met a production target date.
    Pilot Mountain is a modest tungsten mine.
    Pilot Mountain is an abondoned mine with an estimated jorc.
    MB has continually failed to get finance for Molyhil.
    MB has continually failed to find a buyer for the outstanding 25-30% of Molyhil.
    MB has a buyer for 70-75% of Molyhil but remember this is a gentlemans agreement & not binding.
    MB fumbled getting Springhill producing and lost the opportunity.
    MB is an accountant with 30 years employment in the mining industry, which does not equal 30 years mining experience.


    for information, this is an old image but it does put moly & pilot into context...look at the size of Hemerdon who will produce soon....you can see why Molyhil is way off finance or producing.....
      


    MB wants to focus on Tungsten....ha ha...serious case of tungsten mine envy in my opinion...
    MT
 
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