Thor Energy Share Discussion Threads

[abrahe00] 31/1/2020 07:13

Today's quarterly report might as well had been a copy & paste of the past umpteen quarters! Nothing ever changes with Thor. No progress on any funding for MH and looks like more fund raising will be needed soon.

MB is a useless tw@t!

[bsg] 29/1/2020 10:23

More money, more placings, more drilling, same old. Teflon Mick.

[vish65] 29/1/2020 09:25

I make it +1.5 yrs so 7yrs O/P +1.5 + 2 yrs U/G = 10.5 yrs

But Bonya is only inferred and he states " at least to indicated" i assume 3rd parties want to see some indicated.

So more time and money required

[abrahe00] 29/1/2020 08:19

Well, there's the RNS... But, it somehow skirts around the MH mine-life issue. So, are we now at the 10+ years?

I doubt it, otherwise Mick would be shouting from the roof tops...

[abrahe00] 29/1/2020 07:09

Just got this e-mail... But there doesn't appear to be a corresponding RNS!

Thor Mining PLC | 29 January 2020
Maiden Resource Estimates - Bonya Tungsten & Copper

Thor Mining Plc (“Thor”) (AIM, ASX: THR) and Arafura Resources Limited (“Arafura”) (ASX: ARU) are pleased to advise maiden mineral resource estimates for the White Violet and Samarkand tungsten and copper deposits at Bonya, adjacent to the Thor Mining Molyhil tungsten and molybdenum project.

The project is held in joint venture between Arafura (60%) and Thor (40%) with Thor acting as manager, and each party contributing to the cost according to their equity holding.

Highlights

• White Violet;
• Inferred Resources of 495,000 tonnes, grading 0.22% Tungsten Trioxide (WO₃) and 0.06% copper (Cu), containing 1,090 tonnes of WO₃, and 300 tonnes Cu.

• Samarkand;
• Inferred Resources of 245,000 tonnes, grading 0.19% Tungsten Trioxide (WO₃) and 0.13 % copper (Cu), containing 465 tonnes of WO₃, and 320 tonnes Cu.


Mick Billing, Executive Chairman, Thor Mining, commented:

“These maiden resources are very significant when combined with the mining inventory of the nearby proposed Molyhil development.”


To read the ASX announcement, please click here:

[paleje] 16/1/2020 14:54

..and so should Mick be.

At least copper's picking up, admittedly one for the future.

[abrahe00] 16/1/2020 11:14

I'm not a big fan od Mcik but in his defense, he never wanted to go down the gold/pilbara route. This is MTR's bag and he just went along in the absence of any positive developments at Molyhill.

On that note... I seem to recall him mentioning updated assays for MH in December (delivered late in Jan) and an updated resource estimate this month.

Let's hope he manages to hit his 10 year mine life target, otherwise MH is toast.

[bsg] 16/1/2020 10:27

More drilling, placings. Gravy train for Mick continues ...

[andy] 16/1/2020 08:22

jfreshfield,


Wny not just tell us the "news" then?

[abrahe00] 16/1/2020 07:12

Jfreshfield15 Jan '20 - 15:54 - 5467 of 5468
0 0 0
News from Australia - big news


So, what else is new? We've been waiting for BIG news since 2008!!!!

[1doyley] 15/1/2020 23:21

What news?

[jfreshfield] 15/1/2020 15:54

News from Australia - big news

[costax1654x] 09/1/2020 11:04

Anyone noticed ORM ?Gold asset in Salamanca and 5 mil £ Cash,no debts, for 3 mil mcap!

[iamgreat1] 02/1/2020 15:36

Is this dog still alive Has pj dumped his holding yet

[bsg] 02/1/2020 10:06

Still got to get back to the placing price IMO. Flippers, doubling their money, at least at the moment. Can't go on forever.

[jungmana] 26/12/2019 12:41

Yes invested more into ALGW. Imo will be one of stars of 2020.

[sweepie2] 26/12/2019 09:50

Jungmana - 23 Dec 2019 - 16:10:57 - 4140 of 4158 Alpha Growth Lift Off - ALGW
I added some today. Profits from Thor mining

[hoper1] 24/12/2019 21:07

Jung - and where did you put your profits?!!!

[daniel81] 24/12/2019 10:09

0.06 inbound massive BUYS this morning

[jungmana] 23/12/2019 15:32

sold half my holdings today. one of the few trades i got right this year

[rabiddog] 19/12/2019 20:08

Great analysis 👍

[iamgreat1] 19/12/2019 16:11

Biggest scam share going