Thor Energy Share Discussion Threads

[paleje] 12/1/2018 14:51

Don't think so Noirura.

*PJ has bought up to 1.55p on market and isn't selling any, he's made that crystal clear on his twitter feed over the last few days.
*MTR have got cash, why sell at this level.
*Nearest mine development for Thor would be Molyhil which could be as early as this year but costs are gong to be good and will most likely be a jv.

[noirua] 12/1/2018 12:20

Probably moving back on future mine development costs and the fact that MTR also need cash to develop their mines. Director Paul Johnson bought below 1p and that was a good call.

[cudmore] 12/1/2018 11:59

AERO looks ready to blow!

[jarega85] 12/1/2018 11:51

Not able to top up online

[paleje] 12/1/2018 09:36

I should think others would fill the gap, Vish, but yes it demonstrates how the US could be vulnerable. Self sufficiency the way ahead!

Shenanigans over now I wonder, yesterday was a good time to buy imo.

[vish65] 11/1/2018 17:17

Export licence denied !

Should get the Amercians worrying further and add to Thors bargaining position

hxxps://www.metalbulletin.com/Article/3779214/Latest-news/Chinas-leading-tungsten-exporter-fails-to-secure-export-license-for-2018-2019.html


We are China’s largest manufacturer and exporter of ammonium paratungstate, tungsten oxide, tungsten powder, and tungsten carbide powder; and our export volume of cemented alloys accounts for 31% that of China; and the output and sales volume of tungsten and molybdenum wires occupy over 60% that of the whole country

[paleje] 11/1/2018 13:43

Yes true they've been shuffling stuff around, don't think they're short of cash though.

[jungmana] 11/1/2018 12:12

They recently sold out of Lion. Looks like they liquidating some positions hence my guess.

[paleje] 11/1/2018 12:04

Not sure why MTR would sell at this level, I know they exercised warrants some months back but they also bought a few open market after that to take them to 10%. There was rumour they might have wanted a seat at the table. Anyway seems to be improving a bit:)

[jungmana] 11/1/2018 11:44

MTR, thats my guess too

[hoper1] 11/1/2018 11:37

Oops, thought we were dropping in at the Shangri-La Hotel for a minute there!

[jungmana] 11/1/2018 11:26

Big seller in the background imo :(

[paleje] 10/1/2018 17:48

Much better interview with MB here, courtesy of PJ's tweet

[paleje] 10/1/2018 16:10

:) Hoper

It went up fast on RNS's about potential and then the change of tack to 'commercialise' and vague talk of interested parties and a tweet campaign by PJ and others. It got money in the bank which was what they wanted but now some are getting a bit nervy because momentum has evaporated at least for now.

Only my opinion but I think it's temporary. PJ has got a fair bit invested, Mick too and MTR increased their position, no sign of them selling they would have to notify. No reason to think they would sell anywhere near current price anyway, rather multiples of it; there hasn't been any bad news it's just sentiment and impatience as usual and seeing (thinking) greener grass elsewhere.

Mick said a few days ago he thought we were undervalued at 3p, we must be even better value now.

[hoper1] 10/1/2018 15:02

The graph's going to look like an outline of The Shard by the time we have finsihed.

[paleje] 09/1/2018 16:06

Thanks LGW. Can't accuse Mick of over-egging:)

[vish65] 09/1/2018 15:11

He's been saying Kapunda resource update one or two weeks away since last Sepetmber.

(Although i'm hoping the reason is we'll get more than just an update.)

[lgw] 09/1/2018 14:54

Sharetalk interview with Mick Billing today.Kapunda update one or two weeks.Other points of interest also.

[paleje] 09/1/2018 09:57

Perhaps they want to tidy up some of the smaller stuff to put them in better shape to attract serious interest in developing PM. Mick said a few weeks back the best way to get sensible deals/sales was to keep at it and work towards production.

It was a generalisation but sensible point I thought. He just needs to do it a bit faster now that he's got an extra pair of hands on the board.

[bionictwat] 09/1/2018 09:55

Pj needs to pump harderr

[the deacon] 09/1/2018 08:56

No interest in THR in Australia. Very few posts on hot copper. As I've said before the management need to focus on one or two main assets and stop trying to be involved in the whatever they think is hot. Molyhil isn't a particularly significant asset. Pilot mountain has the potential to be.

[paleje] 09/1/2018 08:49

ASX sent it down 20% on tiny volume, some are playing it relying on volatitity if chat on hotcopper is anything to go by.

[donkyman] 09/1/2018 08:39

Why the drop..A tree shake??