Thor Energy Share Discussion Threads

[bsg] 13/4/2015 10:52

A new broker, maybe the last broker had scruples about the incessant placings!

[buywell2] 07/4/2015 12:14

Tungsten chart in the header is out of date

Prices have dropped lots








Loverat 7 Jan'14 - 15:07 - 1 of 634 0 0

Nice rise. Been watching this for a while.

Two recent previous bits of excellent news and more to come IMO. Share price knocked back down on PIs selling piddly amounts.

Will update header later.

[the sim] 02/4/2015 11:33

10 million buy, interesting.

[bsg] 23/3/2015 09:22

They had little cash left, 14k ? so if it's not until Q3 then MORE placings, and at what price .05p? there's going to be hell of a lot of shares in this company.

[edgein] 23/3/2015 08:25

Hopefully these chaps will be able to line up some financing and get this project off the ground eventually. Last estimates were funding by around mid year and first production mid-2016. I guess its gonna be a little longer than mid year now, possibly Q3 for funding if they can get the backing.

Regards,
Ed.

[liquid millionaire] 23/3/2015 08:05

Mr Mick Billing, Executive Chairman of Thor Mining:
"We believe the Molyhil project is robust and we are pleased to have secured the services of these eminently qualified advisors, and that a number of entities are conducting a review. Project payback of 18 months is very positive, and even at the low point of tungsten pricing for the past 4 years, that payback period is still no more than 2 years. In addition the potential for a substantially longer life operation via the exploration targets identified is significant and we look forward to developing these."

[bdbiometric] 09/3/2015 15:55

So much property and zero output. How long have to wait? Stuck with this nearly 5!!!! YEARS. LIVE OR DIE SITUATIONS.

[vish65] 27/2/2015 11:18

The share price is so small its getting difficult to read what it is

[bsg] 27/2/2015 10:51

placing, with a consolidation, should see them good for another year.

[bsg] 27/2/2015 10:48

Grimmer by the day.

[bsg] 30/1/2015 11:00

reba 17.5M yesterday @ .085 and 17.5M today @ .0855 (roll over ? normally 2mins apart) some sort of B&B or both sells ? who knows.

[reba] 30/1/2015 09:31

17.5m is that a buy?

[reba] 29/1/2015 09:26

Hopefully soon then the bid price will go up

[bsg] 27/1/2015 11:21

When will the 0.09p sellers run out ... LOL

[bsg] 27/1/2015 10:50

When will the 0.1p sellers run out.

[reba] 23/1/2015 09:41

That 2m is definately a buy. NOT A SELL

[richgold1971] 13/1/2015 09:13

It will not move up, until the uncertainty regarding funding removed, just hope this is addressed urgently, as the longer this is left, the more uncertainty and the lower the SP, as we saw when the DFS was 3 months late, the share price drifted from .15 to .10

[keremjj] 13/1/2015 09:05

Why doesn't move up then if the market value 3 million and expecting large amount cash, wonder

[edgein] 13/1/2015 08:40

Smith,

Agreed. With a cap of just £3m and an asset worth $256m ($200m estimated as profit), then its a sitting duck for one of the larger Tungsten miners. Pilot Mountain looks to have similar grades to Molyhil too. So yeah its wide open for a low ball hostile for £10-20m for the buyer to pocket substantially more. Was a super DFS upgrade yesterday, just imagine if the Tungsten price improves again.

Regards,
Ed.

[smith99] 12/1/2015 16:17

i wouldnt be surprised if a partner or take over is a potential option as well

[tubest] 12/1/2015 13:51

Not so sure about that bsg,for the sums involved it would have to be borrowings,and whilst the obstacle to progress currently is finance,do these figures published today not make an attractive proposition for finance providers

[bsg] 12/1/2015 12:02

From past experiences it's bound to be heavily dilutive.