Sub penny placing on the cards, again. |
free stock charts from uk.advfn.com
THR log chart. Awful chart. "Death Cross" appeared on chart almost 2 years ago. |
They are doing the broker rounds in London. So could be true. |
Senate passage of the first 6-bill appropriations package last night included a long-awaited $2.7 Billion allocation to fund provisions in the Nuclear Fuel Security Act (NFSA) that was signed into law in December as part of the NDAA H.R. 2670 (SEC. 3131- Public Law No: 118-31)energy.senate.gov/2023/12/barras...congress.gov/bill/118th-con... hTTps://www.congress.gov/bill/118th-congress/house-bill/2670/text |
Sub 1p again soon then a discount placing well below 1p. You couldn't make it up! |
These miners, love to blow shareholder funds with the promise of jam tomorrow, rinse & repeat all over AIM, just poor quality management, won’t be long before the next begging bowl and obvious dilution. |
Half yearly report should say. We've nearly spent all your money again with nothing to show for it. Roll on next placing. |
This must be running on fumes by now... Blowing through a $1m a quarter and they had less than that in the bank at the end of the last quarter... |
i am surprised it hasnt moved more on the news.. it will do one day.. I think they should say they have an AI drilling machine and then it would rocket! |
They'll need to acquire some more claims for when the realise this Uranium lark is a dud and they wont be able to raise against it again. Maybe something on the Moon or Mars? |
News for Q1 24
THR - Market Cap: 5.15m GBP
URANIUM · Uranium and vanadium assay results from the Wedding Bell and Radium Mountain drilling program
· Maiden drilling at Vanadium King Project
· Preparation for resource drilling at Groundhog, Rim Rock, and Wedding Bell Projects
COPPER Completion of new constrained 3D ANT and mineralisation models
· Hydrogeology In-Situ Recovery ("ISR") assessment continuing
Copper-gold recoveries from lixiviant trials
· Continuing to assess the amenability of Alford West for ISR
TUNGSTEN - Molyhill During the quarter, IVR carried out a 12-hole drilling program at Molyhil Project to verify and update the Mineral Resource Estimate; assays are anticipated in February 2024 (ASX/AIM: 9 November 2023) |
Assays are due for Molyhill in Feb, see the rns's from Nov. The market has completely forgotten about them.
Additionally, the gravity survey commenced on the 29th Nov 23 and was due to take 4 weeks to complete, factoring in the Christmas holiday news should be due on that as well.
Molyhill is THE largest tungsten deposit in Australia. |
I'd say a market cap of between 10 to 12m GBP would be fair value currently, which would equate to a share price of between 3.75p to 4.5p.
The above is my current target price within Q1 of this year as the share price rerates to a value which corresponds to the new reality of the assets, uranium price and the strategy of the US government.
Just my humble opinion, DYOR, IMHO. |
Number 13 on the leaders board, might garner a bit more interest. |
Number 13 on the leaders board, might garner a bit more interest. |
Decent update on the US uranium projects. |
Price continuing to push on down under, up 7.8% |