Thor presents stronger looking Molyhil

THOR Mining is on the lookout for financing after a relook at its Molyhil tungsten-molybdenum project north east of Alice Springs saw a development with a net present value of A$101 million and an internal rate of return of 59% outlined.

Thor presents stronger looking Molyhil Thor presents stronger looking Molyhil Thor presents stronger looking Molyhil Thor presents stronger looking Molyhil Thor presents stronger looking Molyhil

Thor Mining wants Molyhil to make a lot of cash as well as validate the company's name

Thor said there was a project finance requirement of US$43 million comprising a total capital expense of A$69 million (US$51 million), offset by approximately A$11 million for mining and power

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