Thor Energy Share Discussion Threads

[vish65] 25/7/2018 14:53

Twitter , Environ copper saying news update next week. Hopefully some positive news on the grant application for Kapunda

[paleje] 25/7/2018 13:45

The illustrious one is today via twitter hinting at news on multiple fronts so who knows.

[noirua] 25/7/2018 12:40

The Thor share price has strengthened this morning. Will have to see if sellers return again as they have before. A lot of stale bulls and frustrated investors who followed the illustrious Twitter person. Needs 3.25p on the bid to revive the Twitter persons reputation - on Thor that is.

[paleje] 25/7/2018 10:29

So it looks like there might be Kapunda news soon as Enviro also tweeting.
‏

[paleje] 25/7/2018 09:43

Evidence that Mick's alive and active, he's tweeting re Kapunda today. Very nice and there's a video with it but...it's not what shareholders are waiting for.



Thor Mining PLC @ThorMining
Check out this incredible footage that was taken across the Kapunda Copper Mines, just north of Adelaide in South Australia, at sunrise | Link: …
1:05 AM - 25 Jul 2018Mick Billing‏ @MickBilling

[ianbag] 25/7/2018 07:15

It could yes - the right news and the market will walk the share price up - then the herd who purchase the big movers will arrive and bingo

[5chipper] 25/7/2018 06:59

Could this really blow up to 10p+

Tempted to buy a few more at this level. Who knows what news is imminent

[noirua] 24/7/2018 11:41

If I left a company whilst holding a big chunk of shares it would be utterly stupid to say the directors have failed overall and the shares are worth no more than at present. Far better for me to say I am going to buy more and they are worth double.

If I'd retired as a director no doubt I'd have had the opportunity to take part in low priced placings. Ordinary Joe of course with only £5K to spare has to buy on market. Well I'd rightly say I also bought on market whilst content that my average price was quite low due to the placings.

However, it could be that I'm entirely truthful and all said and done the shares are good value. This is of course the high risk mining sector and a micro-cap company relies on its market cap to show its asset value. One can hardly value a mine at £30 million if the market cap covering all assets and cash is no more than a third of that.

So a deal needs to be done. A bit of magic is needed or maybe a company really needs a particular asset. More likely they would want a great business deal allowing them to easily flip the interest if needs be.

[paleje] 24/7/2018 00:35

Dont think the warrants are necessarily being sold, Noirua...

Twitter › darrenhazelwood
Looking forward to the MM’s trying to use my tiny warrant conversation as an excuse to mark the price down. They ain’t being sold 😎😎😎😎 Fantastic business that’s a pleasure to support. Well done @ThorMining @MickBilling and his amazing team.

But I agree we need a jv or sale, I don’t understand why the 'emperors new clothes' fiction is being maintained when the truth is, things are moving too slowly and all this stuff about the amazing team and hard working etc etc...doesn’t count for much. I don’t really care how hard or little a team works as long as they can deliver and so far that is not happening in terms of the share price which is where it counts.

Good luck with rrr, I noted PJ was critical of Bell's poor communication but thinks better times are afoot. He also thought that 2 years ago at a presentation I attended but not much has changed, nor do leopards spots:)

[cudmore] 23/7/2018 19:45

Get ready for the rerate!!!

[noirua] 23/7/2018 16:44

Yet more conversions at 0.9p and a discount to the present price of over 50%. Not at all helpful as these are probably being sold for a good profit - well done to them.

Somehow I'm thinking PJ is excellent generally but but but, there is not a lot of cash in the company to develop the assets. Therefore, everyone and his dog knows this, they need a JV partner or a buyer to buy one asset off them for royalties and cash.

A long time before Thor pays a dividend and PJ knows his buddy at RRR is set to announce a maiden dividend in September. Much of the cash from their 100 year mine interest in Northern Cape. PJ doesn't mention RRR or ASX:JMS...

[paleje] 23/7/2018 16:09

Interview PJ on Proactive re THR

[abrahe00] 20/7/2018 10:34

It's a choice thing, not a technical limitation on my part! ;o)

In any case, I've already e-mailed MB with my thoughts on his performance as a Chairman.

[jarega85] 20/7/2018 09:35

It is not difficult to join

[abrahe00] 20/7/2018 09:30

Laughable indeed, if not disingenuous. He is completely ignoring the 60% drop since March, not to mention that the rise is simply due to positive noise from PJ.

The guy is starting to behave like a crook. Shame I'm not a Tweeter user, or I'd have a few choice words to say to him...

[paleje] 20/7/2018 09:18

Ah, only just seen PJ's tweets today cos I have to log out to read them (thanks Paul), he couldn't be clearer. Certainly agree with him about timing.
‏
@pauljohnson9691
I intend to significantly increase my #THR position - I consider this to be quite a unique undervaluation. Timing is everything.
12:14 AM - 20 Jul 2018

[paleje] 20/7/2018 09:03

:) agreed!

and talking of polishing, Micks seems to be trying to polish the share price on his twitter feed, take a look ....it's almost funny when you look at the ASX volumes. Almost.

[paleje] 19/7/2018 16:49

Don’t forget his ''considerably'' abrahe00. Set against his current holding 33m plus millions of options, I should think he’d have to dig deep to qualify as adding 'considerably', otherwise his words won’t mean much. Anyway thats up to him he has a public profile and uses it, but he’ll also be judged on it.

As for Mick his public profile is in urgent need of invigoration. Or perhaps resuscitation.

Many have sold and lost money, losing trust on non delivery with no credible explanation. I haven’t but I’m only treading water now which is ridiculous having been in since .8p but also buying as high as 3p based on what was said. Own fault old enough to know better.

Let’s hope when he breaks cover Mick will have something worthwhile to say.

[abrahe00] 19/7/2018 14:05

Dire timekeeping aside, I'm always baffled by the lack of any serious trade volumes or interest in this company. A paltry 250k traded all day so far! The wide spread can't be the sole reason...

On that subject... One presumes that PJ, although no longer a non-exec, is still barred from buying more shares until the next "open" window. Hence, probably why the "I'll be buying soon" statement that's been quoted. Let's hope his "soon" is different to Mick's "shortly"!

GLA.

[noirua] 17/7/2018 12:53

Everything looks well set asset wise and not well set JV and future cash development wise.

[paleje] 17/7/2018 10:32

PJ and others tweeting hard last couple of days

@pauljohnson9691
1h1 hour ago
#THR holding all my 33.25m and intending to add considerably.

Considerably eh, we'll see. Hope its not a word loosely used, like Mick uses soon:)

[noirua] 16/7/2018 13:43

The chart shows the next stopping point at 2.5p. Otherwise it is a jumble of signals.