Thor Energy Share Discussion Threads

[jungmana] 23/11/2017 09:00

Lost track of our cash position . Most be near £2m raised in placing and warrants over last 2 months.Bring on the Pilbara news

[edgein] 23/11/2017 08:08

Hopefully Mick will bag that Pilbara licence soon as KRS/CAI just had another corker with nuggets laying around at surface and a large anomaly for conglomerate gold (as well as their ongoing high grade vein gold). Something like that along with our PM asset would be spectacular.

Regards,
Ed.

[ianbag] 22/11/2017 11:01

Bed & Isa done - so completes my moving it around to get it all sheltered from cgt. So THR can rocket now :-)

[x54v] 21/11/2017 19:16

A strong move up today and good to see the price accelerating upwards again after the pullback.

With any luck this next leg will be at least as powerful as the previous one.

[knowing] 21/11/2017 16:28

Be interesting to see the reaction on ASX tonight

[x54v] 21/11/2017 16:24

And on strong volume too:

[cool hand kev] 21/11/2017 16:10

SP has breakout

[jungmana] 21/11/2017 14:32

Some big trades being reported there . Look like buys to me

[knowing] 21/11/2017 14:15

Well as an example GGP is £54M where THR is £11M so alot of potential upside

[cool hand kev] 21/11/2017 14:05

Edgein: thanks very much

[edgein] 21/11/2017 13:55

cool hand,

£30-40m easy. PM is over $1bn and some of the holes have a copper equivalent of 5.6%. Its either at surface or shallow and is approaching DFS its already partially JORC'd but can and needs to be upgraded to include all of the discoveries for the PM project. New JORC and DFS will be stunning when they come. Even little Molyhil is around $200-300m of tungsten and molybdenum and Kapunda looks like a cash flow given the current Cu prices. As MB stated in an interview a few months back he's targeting a mid cap within three years. PM could easily get us there, DT would be keen to diversify tungsten supply outside China, make America great again. PM can supply 1% of global tungsten, very little supply outside China. So PM is of global significance, also good that its decent grades of Cu and Zn at surface too so its not all about tungsten. Cu is set to do very well during the EV boom ahead, some even talking about a Cu crunch.

Oh and we might soon add a Pilbara conglomerate gold licence and both AIM and ASX likes those. So plenty of upside on our current assets at just £10m cap. MTR figured it out, our management figured it out, market is starting to catch on too.

Regards,
Ed.

[cool hand kev] 21/11/2017 13:30

So what sort of market cap is reasonable for THR?

[x54v] 21/11/2017 12:32

Thor Mining jumps as potential US$1.5mln Pilot Mountain liability reduced to US$125,000

[x54v] 21/11/2017 11:58

The only JORC compliant resource in the US as well. So unique and likely to be sought after.

[jungmana] 21/11/2017 11:52

PM has a billion dollars worth of tungsten. A major will come in soon for a jv imo.

[x54v] 21/11/2017 11:39

"#THR - I'm now looking for a JV - Take off MOU or such like for Pilot Mountain #tungsten as the only US play there is"

[cool hand kev] 21/11/2017 11:34

MTR are due a rerating IMO

[x54v] 21/11/2017 11:27

Metal Tiger clearly see the potential here with them happy to up their stake to nearly 10%.

They rode the GGP multi-bagger supremely well and may well see THR to be cast in the same mould.

[cool hand kev] 21/11/2017 11:16

ok you guys have just talked me into it

[deanmatlazin] 21/11/2017 11:01

Start motoring upward. I firmly believe this would be next GGP .

[x54v] 21/11/2017 10:55

"Very significant step - helps open this project up! 😀"

[x54v] 21/11/2017 10:53

The long term chart starting to look really good now.

A load of upside to go for.

[edgein] 21/11/2017 10:49

"We look forward to updating the market further in the near term."

Can't wait Mick, we've had a news flow avalanche in recent weeks keep it coming, we're a greedy lot here. Each one is sending us a little bit closer to where we already should be price wise.

Regards,
Ed.

[jungmana] 21/11/2017 10:47

Nice . Good man Mick

[letmepass] 21/11/2017 10:46

This will move nicely over the coming weeks as news floods in