Thor Energy Share Discussion Threads

[x54v] 10/11/2017 11:27

"Please can you explain why you have now invested £250k+ into @ThorMining"

"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] 10/11/2017 09:44

Nice dip buying opportunity for those who missed out the first time or for those looking to top up.

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16:21 - "So our smaller project theoretically, Molyhil in Australia, has an NPV which is 5x our current market value."

17:00 - "Our newsflow is going to be thick and fast. And it's in respect of very, very substantial projects."

17:59 - "So the whole package at the moment is an astonishingly robust business with hugely exciting legacy interests and now the opportunity to engage with some pretty stunning and exciting opportunities in Australia from an exploration perspective with the costs of that coming from a director from me putting the money in."

[edgein] 10/11/2017 09:34

Looking like potentially next week for the Kapunda update.

Regards,
Ed.

[x54v] 10/11/2017 08:29

Way to go Paul.

"#THR that's approx. £175,000 I have invested in @ThorMining last month | Thor Mining PLC: Director/PDMR Shareholding"

[edgein] 09/11/2017 10:41

Definitely amazing to add over £1m to current cash in the last month or so. That'll put most of these assets well into the DFS stage and likely last until Mick gets us funding for Molyhil. Only a matter of time before this one bags from here, especially once they get the numbers out for the resources at PM.

Regards,
Ed.

[x54v] 09/11/2017 10:18

Yes, loads of cash.

No need for any placings in the near term and plenty of cash to accelerate commercialisation and a true market appreciation of the assets via a much higher share price.

[jungmana] 09/11/2017 10:14

Nice one. Lots of cash in hand now

[x54v] 09/11/2017 10:04

More warrants exercised bringing the company more cash. Over £1 million in fact.

That's a very healthy cash balance indeed.

"The money from warrant and option conversions, when added to the £565,000 raised during the recent placing (partially conditional upon shareholder approval at the forthcoming AGM) has boosted the Company's financial position by more than £1million. This will allow the Company to focus on commercialisation of its key interests with confidence it is in a robust financial position."

[x54v] 09/11/2017 09:07

Mick Billing going to help drum up further interest in THR.

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"Looking forward to telling the @ThorMining story & talking to investors. Outstanding projects & cash in the bank #THR"

[jungmana] 08/11/2017 17:16

Sold some vast and added again today. Averaging about 1.2p now. Onwards and upwards.

[geko5trade] 08/11/2017 12:42

I agree I'm not suggesting a very protracted period of consolidation. PJ is quite good at getting the genie out of the bottle and once that happens it doesn't go back in easily. At least not when the market cap is only 8 mil.

[edgein] 08/11/2017 12:40

Geko,

Well when you're valued about 1/5 of the NPV of one of the smallest projects, let alone any value in for a world class tungsten/copper/zinc asset then anything could set this off. Pilbara could get more interest from the Ozzie investors too, its not just overlooked on AIM these are currently overlooked on ASX too. But looks like the profile is starting to get raised over here at least but a long way to fair value yet. The news flow to come will help us get there, updated DFS for Molyhil and PFS/PEA for PM will set this on fire as well as updated resource for PM with all this new data. 12Mt is a good starting point for that one.

Regards,
Ed.

[x54v] 08/11/2017 12:35

Yes, Pilbara news has definitely helped wake the market up and I think and the story of the value inherent in Pilot Mountain and Molyhil has gained a larger audience as a result.

The price does look to be consolidating for now which is good in that it gets rid of weak holders and provides a base from which price can move higher again.

With "thick and fast" newsflow and PJ constantly banging the drum, prospects look good.

[geko5trade] 08/11/2017 12:29

x54v
Yes looks like consolidation before news. Pilbara looks a bit of a distraction but is perhaps the catalyst that wakes the market up to their existing projects. If some big names start getting bandied around in relation to those then ...

[x54v] 08/11/2017 11:57

The bit from 18:42 is especially worth listening to.

18:42 - "So from what you're saying, you're pretty sure there's more in the tank?"

"Oh Good Lord...

A lot more expected in share price performance from PJ then.

And plenty of news to come:

17:00 - "Our newsflow is going to be thick and fast. And it's in respect of very, very substantial projects."

[x54v] 08/11/2017 11:13

"#THR the team are over the UK this month. that means they will be looking to stimulate interest and the market. im expecting uzi news flow"

[x54v] 08/11/2017 09:53

17:59 - "So the whole package at the moment is an astonishingly robust business with hugely exciting legacy interests and now the opportunity to engage with some pretty stunning and exciting opportunities in Australia from an exploration perspective with the costs of that coming from a director from me putting the money in."

[jungmana] 08/11/2017 09:51

And PM has $1bn+ value of tungsten :-)

[x54v] 08/11/2017 09:49

Nice....

16:21 - "So our smaller project theoretically, Molyhil in Australia, has an NPV which is 5x our current market value."

[jungmana] 08/11/2017 09:29

He sounds realistic to me. Putting all the facts clear and simple to all especially new investors

[edgein] 08/11/2017 08:17

Telbap,

I guess so except for the fact that THR are moving most of their assets towards the feasibility/development stage whereas GGP aren't at the exploration drilling stage yet on defined targets. So we're well advanced on them, also Molyhil is awaiting a revised DFS, so its almost at the funding/construction stage.

Regards,
Ed.

[telbap] 08/11/2017 07:55

Time to add a little more i think. The next GGP darling of aim?

[jungmana] 07/11/2017 17:25

Edgein, yes I saw that. Looks like he may be still loading. A few good chunky trades went in today