Thor Energy Share Discussion Threads

[telbap] 12/12/2017 09:15

Anyone got a figure of outstanding warrents??Appx 2.5% extra shares in float knocked us back 18% in share price gap.... I imagine it will move on later this week..

[orchestralis] 12/12/2017 08:35

More warrants exercised rns

[telbap] 12/12/2017 08:15

Why are we mot at 3.9/4.0?

[5chipper] 12/12/2017 05:31

Closed down on asx but still a gap in valuations.

By my calculations our asx valuation converted to gdp is 3.9p

[telbap] 11/12/2017 23:12

Big bump again for us tomorrow.....going to see at least another 20% on open.

[rabiddog] 11/12/2017 22:44

Thx..doesn’t look like an exclusive tip judging by the number of threads you’ve spammed on 😀

[temmujin] 11/12/2017 21:28

ive discovered another 50 bagger..if you look at my research on Inspirit Energy INSP the takeover thread you will see the research is rock solid...i believe Centrica will buy them out for £50m plus...they bought out a similar firm for £145m a few years ago and this bioler technology is far superior..ive done all the hard work for you...price is 0.1p and market cap about £1m...and guess what Centrica announced today a new joint venture company with a norwegian firm...the name Spirit Energy!

[ianbag] 11/12/2017 19:27

. duplicate

[ianbag] 11/12/2017 19:26

All indicators show THR as a strong buy - news to come and lots of it - many have a short term target here of 10p. One holder I know ran me through a case for it to be 18p to 25p once next three pieces of news land. Hopefully he is correct.

If GGP tie up a deal and Asiamet continue upwards then it will be a good Xmas. If by some pure fluke Prem can deliver on the promises, I would be ecstatic.

[telbap] 11/12/2017 16:51

Nice day....20% jump, wish we could get one every month?

[geko5trade] 11/12/2017 16:31

bsg, overall they do look a more focussed company though and shouldn't have to dilute in the near future unless it was on the back of some significant agreement.

[bsg] 11/12/2017 16:25

Back to where we where in 2011. Apart from the massive dilution and consolidation.

[edgein] 11/12/2017 09:53

Geko,

Of course THR's main assets remain the heavily drilled PM and Molyhil, and completion of the acquisition of the pilbara licence would be in addition to this. As the title of the RNS reads, option to acquire. Absolutely its an option to acquire a 75% interest in an exploration licence, pending due diligence if THR opt to do so. Yes hopefully newmont will decide to continue to drilling for GGP and they'll advance those really early stage licences. Pilbara for THR is more a future asset in a really hot area above and beyond their core assets which are heading for feasibility/upgraded feasibility.

Regards,
Ed.

[geko5trade] 11/12/2017 09:16

Just to clarify after your post 3747 that doesn't seem correct to me. THR have a 120 day option to buy 75% of a license assuming the license is granted. So, as it stands, it isn't an acquisition. There is no comparison with GGP's huge license areas that are 100% owned. GGP also have some further license applications to extend their areas. This move from THR is clearly strategic bait rather than their main business.

[edgein] 11/12/2017 08:26

Geko,

Who knows if Newmont elect to drill there after the early stage expo I might even be a buyer there too. Good to see this re-rate towards fair value for PM and Molyhil. Well Mick did hint at further acquisitions, this first option over a Pilbara asset is a very good start at low cost. Could be market now expecting the Molyhil ore upgrade, the ozzies will like that one as its also in their backyard. Also Mick hinted at the upgrade leading to underground development too and they're not currently included in the current DFS.

Regards,
Ed.

[geko5trade] 11/12/2017 08:14

Have to disagree about GGP it's as much to do with Newmont and EG. Still this is the THR thread. Have THR completed the acquisition?

[edgein] 11/12/2017 08:07

Great to see THR continue to re-rate in Oz on the back of the Pilbara acquisition.

Regards,
Ed.

[edgein] 11/12/2017 08:07

Come off it fellas, the rise in GGP this year isn't on the back of a drilling campaign, its from MMI, Gravity and rock chip samples. Not on RC or diamond drill holes. Its all based on what they may have or may not have in Pilbara conglomerate. You can read those news releases too. Just like the link I posted, conglomerate licences can have huge potential form millions of Oz or even billions of Oz. So if this year's rise is based on drilling when's the JORC due for the recently mentioned exploration results, MMI, gravity and rock chips?

Regards,
Ed.

[paleje] 11/12/2017 07:59

Looking on hotcopper might just be the Aussies appreciating Pilbara more than we did.
Still news to come anyway, regardless.

[paleje] 11/12/2017 07:50

THR do have a tendency to release news later in the day than the usual 7am batch, anyway usually no smoke without fire and +40% is quite a bit of smoke.

[jarega85] 11/12/2017 07:11

That's what I'm seeing too but no RNS

[5chipper] 11/12/2017 06:09

Is it my early morning bleary eyes or are we up 44% in Oz?

[ali_b] 11/12/2017 02:47

Up 31% in aus, equivalent to just over 4p

[geko5trade] 10/12/2017 20:18

Ianbag, Yes I agree Edgein's post is misleading regarding GGP. GGP didn't just spike because of Pilbara. After their drilling, license applications and agreement with Newmont they were something of a coiled spring. Difficult to know the exact catalyst that drew attention but Pilbara certainly didn't hurt. Not sure it is even worth comparing the two companies. THR is at an advanced stage with existing projects and I see their license application at Pilbara as a bit of a red herring. As PJ says in his interview they have really done it to draw attention to their main assets and broaden the investor base. I'm not 100% in favour but as long as it doesn't become a drain on resources, and it works in its objective, then well and good.

[ianbag] 10/12/2017 10:26

That’s not correct Edgein - ggp have drilled over 5500 metres across 23 holes at EG in late 2016 early 2017 and results RNS’d in jan 17 and also drilled at warrantina project this year.