Thor Energy Share Discussion Threads

[paleje] 02/8/2018 10:17

Sorry Noirua, crossed wires there a bit, my fault should have made clear it was MTR I meant when I said got a fair bit going on...and only so much in the pot so I suppose they'll have to weigh up where they put it.

As for AB I know he's always busy. Looking after his interests. Make sure you look after yours as you go along:)

[noirua] 01/8/2018 18:23

RRR certainly have a lot going on paleje and AB is an Independent Director of Steelmin, Jupiter Mines and Chairman of RRR and RGM. Also involved in Kenya with Migori Gold.
However, AB cant stand all this cash piled up in the bank account on very little interest and the share price wont budge even though substantial holders keep buying chunks.

MTR, Thor, RGM and RRR are an interesting mix of companies. ECR is rather odd-ball despite PJ loving it.

[paleje] 01/8/2018 15:55

Don't think we want MrB in there Noirua, enough to contend with.
Touch and go with the warrants isn't it? They've got a fair bit going on elsewhere.

[noirua] 01/8/2018 13:17

RRRs Chairman Andrew Bell appears interested in Kapunda, note his new Twitter account. Cash rich Red Rock may be considering taking an interest?
Metal Tiger with an interest in Thor also have warrants in RRR some of which run out of time on 22nd August 2018 - priced at 0.8p.

[abrahe00] 01/8/2018 07:42

Yet another pointless update on ASX:
====================================================

Thor Mining PLC
ASX Announcement | 1 August 2018
Highlights

TUNGSTEN & MULTI COMMODITIES
Molyhil, NT Australia
Execution of acquisition agreement for Bonya project hosting multiple outcropping tungsten deposits adjacent Molyhil.
Definitive Feasibility Study upgrade activity
Continued strength in global tungsten and molybdenum pricing.
Pilot Mountain, Nevada USA
Internal scoping study to determine high level operating parameters.
COPPER
Kapunda, SA Australia
Announcement of Australian Commonwealth Government CRCP research grant of A$2.85million.
INVESTMENTS
USA Lithium to be acquired by ASX listed Hawkstone Mining Limited in restructured agreement, valuing the Thor holding at approximately A$500,000.

CORPORATE & FINANCE
Cash position remains sound with forecast activities fully financed well into 2019
To read the ASX announcement, please click here.
Corporate Enquiry
Mick Billing
Executive Chairman
M: [phone]
E: [e-mail]

[cudmore] 31/7/2018 14:04

How is this 11% down on such small volume?

[paleje] 30/7/2018 16:32

I noted the 30 months too Vish, but didn't dwell on it, Kapunda was l/t to me anyway but I absolutely agree on MH which will do much for sentiment and the company's image especially if Mick can announce a jv or route to finance based on better economics.

I'd like to get away from BS news and innuendo and hints which only provide ammo for the twitterati, and down to timely factual deliveries. The share price would benefit with confidence and reliability. Quite an ask for AIM but some co's manage it.

[vish65] 30/7/2018 11:16

The Grant is far more than I was hoping for . Even more than the other announced Cancer project.

hxxps://www.adelaide.edu.au/news/news101523.html


The only slight disappointment is the grant period of '30 months' (2.5 years) which pushes the timeline further out . So we need MH particularly to push on to get short to medium term value here . Come on Mick !

[wisteria2] 30/7/2018 10:37

That news is looking like its the catalyst for a break to the up side... and about time. gla

[edgein] 30/7/2018 08:51

Pale,

Certainly interesting going forward and for the long term. However with the rising Wo price and THR having a development ready project and another well advanced and massive then things could be triggered quite quickly. Just requires a lot of patience in the mean time. I think PM drilling was scheduled again for the near term, perhaps even September so may get an update there soon too.

Regards,
Ed.

[5chipper] 30/7/2018 08:10

Trying to top up but unable to buy!

[paleje] 30/7/2018 08:04

I know we don't want focus distracted away from MH and PM but opportunities could emerge from the Kapunda work for the longer term.

..The information gleaned from the ISR demonstration will prove useful to the potential development of multiple ISR amenable projects, several of which have been already identified by the ECR team..

[edgein] 30/7/2018 07:49

Very nice, that'll make a significant contribution towards this trial and money can then be focused on getting Molyhil financed and the upcoming drilling on PM.

Regards,
Ed.

[5chipper] 30/7/2018 07:15

That's very encouraging news from Kapunda. Tick up on ASX too

[abrahe00] 30/7/2018 07:09

Great news on Kapunda. Let's hope the market reacts accordingly.

As for Molyhil and PM, moreof the same unfortunately...

"Work on Thor's other key projects, the Molyhil DFS and the Pilot Mountain Scoping Study, continues with each quite close to conclusion, and we look to providing investors with the results of this work very soon. We thank shareholders for their patience, the work we are conducting has the potential to move both projects into a company transformational phase, and must be undertaken carefully. The extra time taken has, I appreciate, been a source of frustration, but we are now nearing completion of that process."

What Mick doesn't get is that shareholders aren't p*ssed off at the studies are taking so long. We are simply annoyed by his "shortly" and "nearing completion" nonsense. If he'd said 3 months, we would've taken it on the chin.

Anyhow... let's hope "quite close to conclusion" and "very soon" are shorter periods of time than "shortly"!

E.

[jarega85] 27/7/2018 07:30

AX equivalent share price is 2.36 at the moment so hopefully we will catch up

[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