RE: Thor controls $1.8B worth of metals1 Feb 2018 11:31
Summary:
PILOT MOUNTAIN
1. Tungsten trioxide = 32,720 tonnes
2. Copper = 14,300 tonnes
3. Silver = 192 tonnes
At current prices, it is estimated that Pilot�s combined resources are worth around $1.3bn (�910m) dwarfing the current market value.
MOLYHIL
1. Tungsten trioxide = 10,200 tonnes (valued @ $300m)
2. Molybdenum = 4,300 tonnes (valued @ $170m)
KAPUNDA Copper
1. Copper = 45,000 tonnes (potential) TBC
Awaiting Kapunda resource Update (imminent)
Estimated $317.4m = (45,000 x 2204 x $3.20 / lb)
TOTAL = $2.1B worth of metals [$1.8B + $317m estimate for Kapunda Copper]