http://m.miningweekly.com/article/thor-to-update-dfs-for-nt-tungs...

http://m.miningweekly.com/article/thor-to-update-dfs-for-nt-tungsten-project-2018-02-01

JOHANNESBURG (miningweekly.com) – Aim- and ASX-listed Thor Mining on Thursday announced that it had approved an upgraded definitive feasibility study (DFS) for its Molyhil tungsten project, in Northern Territory, Australia.

The 2015 feasibility study demonstrated a net present value of A$67-million for the project.

At the date of this report, the price of tungsten, per mtu of APT (Ammonium Para Tungstate) was $315/mtu, while the molybdenum price has climbed strongly in recent weeks to $12.35/lb.