Thor Energy Share Discussion Threads

[x54v] 02/11/2017 15:22

And he confirms it here.

"Continuing to build in #THR - pushing to see value generated recognised in the market. Thanks for all shareholder support recently!"

[geko5trade] 02/11/2017 15:08

Yes that's a pretty clear signal he is giving to the market re his view!

[x54v] 02/11/2017 14:38

PJ buying in the open market as well.

"The Company was informed by Paul Johnson, Non-executive Director of Thor, on 2 November 2017 that he had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.555 pence each on 2 November 2017."

[x54v] 02/11/2017 13:45

"Delighted with volumes in #THR. We have lots to do and great assets and opportunities to work with."



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He's not kidding. Volumes through the roof recently.

[x54v] 02/11/2017 12:44

"Director pours in £125k 2 years early of options expiring - green light to buy as skin in the game for a reason #THR #pilbara #gold"

[x54v] 02/11/2017 12:14

I get the feeling that the story is only just starting here.

Why else would PJ commit a further £125,000 of his own money at close to the current price.

He'll be expecting a return of multiples and will know the route the company will take to get there.

Near term news on Pilbara and the share price will really take off imo.

[jungmana] 02/11/2017 12:08

We will get at least 2 significant news this November . Kapunda first hopefully next week

[jungmana] 02/11/2017 11:56

The 1.33m is a buy imo. Look at the time and price then

[paleje] 02/11/2017 11:26

Heads he wins, tails he can't lose, nice one PJ, if only we could all sell and have the option to sell same amount again at a fixed price in the future without tying any capital up.

Who said you can't have your cake and eat it:) Not begrudging him though, he often takes risk when no one else wants to and he does stir things up.

[jungmana] 02/11/2017 11:16

I agree. There is potential to turn the 250k investment into a 1m+ £ in a few months.

[x54v] 02/11/2017 11:14

He couldn't put millions in here anyway, otherwise he'd own the entire company.

A 6.39% holding is significant and his quarter of a million investment will be worth a lot more as the share re-rates to something more in line with the valuation of the assets.

[jungmana] 02/11/2017 11:10

Well he put "pocket change" in GGP too in the first place

[tidy 2] 02/11/2017 11:02

PJ made millions in Ggp and puts pocket change in here.

[x54v] 02/11/2017 11:00

A few 500k block purchases just there. Someone looks to be stakebuilding.

[x54v] 02/11/2017 10:59

No probs. Very quiet there at the moment, but things can change quickly as they have done with THR.

PJ's shareholding there currently worth £255k by my reckoning. So he's also heavily committed there.

[jungmana] 02/11/2017 10:55

X54v thanks for the pml tip. Will have a look there

[x54v] 02/11/2017 10:53

"why does any investor inject cash - because I consider #THR to be a considerable opportunity."

"& I wish to maximise exposure at this key time. This money to #THR being focused on high impact opportunities!"

[x54v] 02/11/2017 10:50

Apologies for the off topic, but those who are interested in following PJ and his Midas touch might want to check out PML, another where he has recently invested heavily.

Huge potential upside there too imo with PJ putting his money where his mouth is.

I highlight the investment case here (post 123):

[x54v] 02/11/2017 10:45

Yes, good to see the board showing what they believe will happen to the share price in the coming weeks and months.

Skin in the game is always important. You want to see management's fortunes aligned with those of shareholders. When management buy significant chunks of stock, it signals that they are confident in the opportunity.

PJ has really shown the Midas touch lately. If THR starts moving like GGP and CON have, then shareholders buying now are sure to make hefty profits.

[edgein] 02/11/2017 10:29

x54,

Absolutely agree, great support from the management here, putting their money where their mouth is. Both MB and PJ added significantly in the past few months. A great sign for the months ahead.

Excellent news chaps, that man likes to make him some money! See what its used for, progress towards high impact Australian asset(s)

"The funds raised will be applied to a restricted fund for due diligence and assessment of new high impact Australian resource opportunities, to include the work being undertaken in the Pilbara region, alongside other opportunities."

So another step closer to a new Pilbara conglomerate gold asset. No wonder PJ has now taken close to 6% of the company in the past year, he's setting himself up before this one multibags. Only a matter of time before his new options are well in the money too. Should really be £30m+ on PM at this stage before feasibility, and mid cap easily when we hit the production target of 1% of global supply.

Regards,
Ed.

[x54v] 02/11/2017 10:19

A great time to be invested...

"We are highly excited by the prospect of our new commercialisation drive for our core assets at Pilot Mountain, Molyhil and Kapunda. This new director money enables the Company to also engage with various high impact exploration opportunities in Australia, including the Pilbara region, without drawing cash from our main funds, which we want to dedicate to progressing our commercialisation focus."

"Thor Mining has entered a new phase, now made even more exciting for the team with the addition of this dedicated fund for high impact opportunities."

[x54v] 02/11/2017 10:08

That's PJ with quarter of a million invested in THR now.

He must be really confident to put so much into a micro cap like this.

Right enough he reckoned that this could do a GGP.

"oh I plan to. And at the same time intend to see #THR achieve the success share price wise #GGP has achieved."

[x54v] 02/11/2017 09:59

PJ in for another £125k worth.

A vote of confidence if ever there was one.

[jungmana] 02/11/2017 09:59

PJ what kind I say, just Waaw!

[x54v] 02/11/2017 09:59

RNS just out.

"During 2017 to date Paul Johnson and his wife Michelle have invested GBP119,748 in Thor Mining shares through participation in placings and on-market purchases. This additional investment of GBP125,000 at 1.25p per share brings that total to GBP244,748 invested during 2017."

"By any stretch it is rare to find such a level of financial commitment to a junior resource Company on AIM and we are delighted at the support demonstrated by Paul and his wife."