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, dividends along the way.
Finances are the key, on the back of the offtake, direct, 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 team.
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 calculate these factors in.