Thor Energy Share Discussion Threads

[rabiddog] 07/9/2018 20:09

Lads, take your money and run, simples. Really getting annoying now, you must be muppets to keep your money in this share with your views. You may be right but that’s immaterial, you either have skin in the game or you are trying to wind the price down.

[robertjbeck] 07/9/2018 16:17

Need a mid-tier to take it out. Only 12mil m/c. 30% to 40% premium would probably be sufficient

[paleje] 07/9/2018 15:30

Definitely why he left imo. I said so at the time and got frozen from his twitter feed for saying it and suggesting he and MTR between them must be peed off.

Abrahe00, yes I think all expected news is done now, he's out of ammo.

Should've saved one bullet.

So we need unexpected news:) - any one of those confidential third party intense discussions. Or a coup:)

[bsg] 07/9/2018 13:33

Probably why PJ left. Realised Mike was a shrub. He cant say so as he wants his money back. He wont get that. Not with THOR.

[vish65] 07/9/2018 12:38

Doing a deal is one thing.
Doing a good deal is something else .

Then people may be interested a bit more.
Time for Bilings to earn his crust

[abrahe00] 07/9/2018 11:54

Save your money Paleje. The guy's a pig headed Aussie and won't listen to anyone.

Am I right in thinking that all the expected news is now out? Other than a regular strategic update, there is nothing on the horizon, is there?

That being the case, I suspect remaining warrant holders will want to cash out now.

[paleje] 07/9/2018 11:37

I'm almost tempted to book a Flybe and tell him in person, abrahe00, but I'm hoping others are already on the case, MTR and PJ included.

[abrahe00] 07/9/2018 11:27

Never mind a sustained rise... The RNS just hasn't triggered any interest one way or the other. Paltry volumes with just over a million shares traded.

[paleje] 07/9/2018 10:26

tidy2, I was wondering that, magpies mentioned it too. If it's true he'll have a lot of money locked up for a long time:)

[abrahe00] 07/9/2018 10:26

Agreed paleje. I've been ranting at Mick all morning via e-mail, saying exactly that.

It's his inability in attracting outside investment that's the problem. We need to sell Moly quickly and use the money to drive PM forward quickly.

[paleje] 07/9/2018 10:10

Tungsten price strong, demand strong, special situation in US - NOW
Molybdenum price strong, demand growing and more forecast - NOW

Trump's industrial policies may not last in US, we don't know. Molybdenum demand looks robust but what if there's a battery technology breakthrough.

The reason peeps aren't buying is Mick's apparent inability to move things. He talks about being funded into next year and more reports and studies etc but that's not what investors want to hear after all this time. They want commercialisation which is what was promised a year ago. There's a value to PM and MH and probably enough to make most investors happy and still leave some over for long term Kapunda and keep management's jobs going for years.

But as PJ says, NOW is the time.

Not a year or two or three down the line when the background may be different.

The Scots won't be happy, Mick. Does Edinburgh have a version of the Glasgow kiss?

[tidy 2] 07/9/2018 10:08

I think the market has tossed PJ to one side now it needs a new saviour under the radar to rip it off

[2magpies] 07/9/2018 09:19

All of PJ's 'hot stocks' seem to be struggling badly, and are well off their highs.

No matter what the RNS, they refuse to sustain a rise.

[paleje] 07/9/2018 09:09

Well I'm not always a fan of Mr Johnson but I couldn't agree with him more on that tweet:)

[vish65] 07/9/2018 09:04

paul johnson
@pauljohnson9691
With updated DFS on one project and scoping study on second. & with M&A in
#Tungsten
active. Now is time to crystallise commercial deals !

[2magpies] 07/9/2018 09:02

I see PJ's tweets are beginning to come across as more and more desperate.

However, Mr. Market no longer cares about 'there's humongous loads of gold/silver/copper/tugngsten/lithium' etc etc..........

"Don't tell me it's there", says Mr. Market, "and expect me to believe it ------ show me the metal! I've had enough of 'lifestyle' outfits always doing unending 'scoping studies/3d surveys/rock sampling' and then .. and then ... WALLOP ...... a PLACING! Rinse and repeat! No more. Play if you want - but not with my money!"

Isn't that why so many 'resource' outfits are failing to sustain rise in share price despite this or that exciting RNS? Mr. Market doesn't believe them, anymore.

[vish65] 07/9/2018 08:56

Agreed.Based on what has already been inferred this is just a stepping stone to completing some commercial discussions around a JV or sale rather than just general market consumption.

If it was for general consumption the masses of cautionary statements ( why put them at the beginning ?) are a big turn off .

It 's a bit like the issue of the MH dfs to me . It all depends on what happens from this point forwards

[edgein] 07/9/2018 08:55

oh well its out at last.

Regards,
Ed.

[edgein] 07/9/2018 08:50

Andy,

Yes it should be! AIM is THR's primary market, very little volume ever goes out through ASX. Still a news blackout on the SS which is poor. RNS should have been ready for release at 7am. Failing that it should have been embargoed for both ASX and AIM for 7am Monday. Its very poor not to have it out on both markets at the same time. A lot of THR holders will be oblivious to this news let alone the wider market.

Regards,
Ed.

[paleje] 07/9/2018 08:41

An oversight presumably.

The tweeting is modest so far but I think it will gather speed after we get the RNS. To me, the release should be enough to attract interest whether outright sale or jv.

If we are to believe all we've been half-told and insinuated about intensifying talks etc, there should already be interest. So, over to you Mick.

[abrahe00] 07/9/2018 08:41

Agreed Andy. I had my tongue firmly in my cheek when I wrote that...

Mick is useless... Anyone know what PJ is saying?

E.

[andy] 07/9/2018 08:30

abrahe00,


Clearly this SHOULD be announced on AIM!


All price sensitive news has to be announced, else why release it on the ASX?





Presumably they will update the market here later......

[abrahe00] 07/9/2018 08:26

In fairness, they only have to RNS news that is likely to have a major impact on company valuation! This clearly is not one of those! :o(

Just smacks of incompetence really...

[bsg] 07/9/2018 08:21

Don't worry about Mick, he'll be there to the end banging out placings for drilling dead losses until he retires. No change there then!