Thor Energy Share Discussion Threads

[abrahe00] 10/8/2018 12:34

That's coz our Mick is busy wandering around deserts, pointing at some rocks and taking silly pictures!

[paleje] 10/8/2018 12:07

Excellent update this morning on BFS progress...........from Asiamet Resources:) I know, WTF has that to do with us. Bear with me there's a point here, I'm just saying how a company can keep its shareholders up to date and fully informed and 'happy' when they are open and plain speaking and give timelines and mean them.

The RNS says
*BFS is nearing completion and will be released this qtr.
*gives the reasons for last minute fine tuning and lists the areas of attention.
*stresses they are enhancing project economics and shareholder value.

So there you go, Mick, if others can do it why can't you.



Sorry about OT, not ramping another, just comparing.

[paleje] 09/8/2018 12:13

"Or if he can't"

...get someone who can.

[andy] 09/8/2018 10:03

abrahe00,


I agree, subjective words like "soon" are wearing thin now, Mick should declare a date and then stick to it, or if he Can't, explain why.


That would stop the endless speculation, which is causing some people to lose faith.

[abrahe00] 09/8/2018 09:00

The MH DFS and PM Scoping studies were initially "due shortly" in early May, if memory serves me right. It is now mid August and last week they still had not completed the revisions. So, realistically, it'll be September at the earliest before we hear anything. But, as always, with Mick's time-keeping, nothing ever is certain.

What Mick doesn't get is that it isn't just the delay that is p*ssing investors off, it's the doubt that it generates and his credibility that is now at zero. He keeps saying "soon" and "almost complete" when in reality he has no clue when it will be done.

My only crumb of comfort is that MTR and PJ, who you'd hope know more than us, are still in the game and making positive noises.

GLA...

[bsg] 08/8/2018 19:35

I don't think they've ever rushed, at all.No need they just keep getting paid.

[andy] 08/8/2018 11:19

paleje,


Well you certainly can't accuse them of rushing news out!


Normally delays aren't good, lets hope this is different......

[paleje] 08/8/2018 11:00

I know, Andy, I've been with him on a few of them and am on this one. Just not happy with the BS and non delivery. So far.

[andy] 08/8/2018 09:42

paleje,


Well let's wait and see, he's done pretty well investing in such companies over the years, so he has a track record.

[paleje] 08/8/2018 00:55

Just thought it was an unusual thing to say. Punters yes in times of excitement but ex directors? I hope he knows what will make it fly and that it’s on its way. It’s overdue and everyone knows it.

[andy] 07/8/2018 20:26

paleje,


Well as the dodo was a flightless bird, he can't be referring to it!

Assuming he knows that of course! :-)

[paleje] 07/8/2018 10:47

PJ's latest tweet. As long as it's not a dodo, Paul:-
‏
@pauljohnson9691
19m19 minutes ago
Come on #THR fly like a bird!!

[abrahe00] 07/8/2018 06:27

The share price went from sub 1p to 4p in a space of a few weeks, all because of the illiquid nature of THR stock. So, it is possible. But... Mick's proved himself repeatedly incapable of delivering anything sustainable. If you check the RNSs over the past 6 months, they're all either statutory notifications or news about something outside the company. He keeps saying they're working hard and making progress, but that is not evidenced anywhere.

As for PJ buying more... I suspect he is stuck in a closed period. Even though he is no longer a non-exec, he will have enough insider info to prevent him from buying more until that news is announced.

AIMHO... DYOR...

[5chipper] 07/8/2018 06:15

Cudmore. If it's dropped 50% then it will take a 100% rise to restore parity.

[cudmore] 06/8/2018 20:00

The share price has dropped 49% since every one got over excited about Paul Johnson and his wife buying a stake here. A lot of people must be sitting on hefty losses at the mo then. When’s all this ‘good news’ going to come along then? The share price would need to jump 50% for those holders to break even. It’s going to take something amazing for that to happen isn’t it???

[paleje] 06/8/2018 16:44

Suppose it’s how you define soon, Ed. I always seem to be waiting for it.

And moaning about it not arriving:)

[edgein] 06/8/2018 16:23

Pale,

Thought that 500k earlier might have been him. He no longer requires and RNS, only when he goes up or down a % now. Yeah the lith asset is ok, THR would make a decent profit on it if sold, so Mick got in early and cheap. Perhaps some of these other releases will come soon, according to that video they will.

Regards,
Ed.

[paleje] 06/8/2018 16:17

Sorry Mick but that wasn’t the sale progress RNS people were hoping for. Down you go.

PJ working twitter hard and still saying it’s mega undervalued and he’s going to buy. But he’s been saying that since his departure and no sign of him adding although he confirmed today that he has NOT sold any either. So what’s he waiting for, a higher price? :)

[paleje] 06/8/2018 08:00

And add cost. And why Northland, oh dear. I suppose we'll get a broker note out of it.

[abrahe00] 06/8/2018 07:50

Exactly Deacon. Of all the things on Mick's "to do" list must've been at the bottom.

What a pointless appointment. All it's gonna do is increase nervousness amongst investors.

[the deacon] 06/8/2018 07:36

So what's the point of appointing a joint broker if you're not planning to raise??

[cudmore] 02/8/2018 12:29

All looking very positive!!

[cudmore] 02/8/2018 11:58

Big buys coming in......possible news?