Thor Energy Share Discussion Threads

[nash81] 25/9/2021 22:47

THR would be the next GGP.... uranium is hot as well as copper

[bridgedog] 23/9/2021 20:51

I don’t see any breakdown of cost so I’m not sure where you are getting your info from. The copper (via ECL) and tungsten both have gov grants towards the mining. The cash and cost position would have been known just a week ago so not sure why you think they are bending the truth. The Uranium permit could still come in before the end of the year and I understand they are ready and eager to drill so I’m not writing that off just yet, but it does look less likely now, and if not then early Q1 is fine by me.

[abrahe00] 23/9/2021 14:57

They are only fully funded for the work in Australia, NOT the US uranium drilling. Since they've quoted the latter in their "current program", they are NOT fully funded as they don't have the money to progress the uranium work.

This is all by-the-by in any case as they are years away from producing a single ounce of anything!

[bridgedog] 23/9/2021 11:53

They are fully funded for the current work program. What else do you think ‘fully funded means’? Do you think it would mean fully funded for all current a future costs? No company ever says that, it’s always in reference to the current work program so his is it a bending of the truth?

[abrahe00] 23/9/2021 09:09

Are your comments directed to me? Where did I say they'll fund raise this month? All I said was that the Uranium drilling was supposed to happen in Q3 and they have another 7 calendar days to do it. I doubt it will happen as they haven't even gotten through the permitting work yet, but you never know...

Having raised money last month and with over $1m sitting in the bank, I'd hope they are fully funded for the rest of this year! Although, if Mick was still around, I would've been worried!

Their presentation says the last funding round made them fully funded for their "current planned work". I was simply pointing out that the recent funding was specifically for Gold and Copper in Australia, not Uranium in the US.

this company has been a "multi-bagger" for over 12 years. It hasn't happened yet, but hope springs eternal...

[bridgedog] 22/9/2021 21:05

If you don’t think they will do anything in the US until next year you must agree that ‘they’ are fully funded for this year?

We had a placing in August and you are talking about upcoming placing in September…

Really great prospects here for a multibag in the short term - uranium, copper, gold, I can understand people trying to push it lower to get a good entry but at least try to make sense.

[abrahe00] 22/9/2021 08:25

And btw, before you use the "closed period" argument, the recent placing was an ideal opportunity for them to chip in, but they didn't!

Re my "fully funded" comment; I was referring to their Uranium asset. The fund raising was specifically for gold and copper in Australia, not the Uranium in the US. This was very specifically and clearly stated in the "strategic placement" [don't make me laugh] RNS, presumably at Artemis's request as it may well have been a key condition of their investment decision.

So, the latest investor presentation is yet another "bending" of the truth. They are NOT fully funded and I doubt they'll do anything in the US in the foreseeable future, let alone this calendar year.

[abrahe00] 22/9/2021 07:21

I should've also added. This company has such a great future that its own directors hold a paltry 0.29% of the stock! Yes, that is correct, less than 1/3rd of a percent.

[abrahe00] 21/9/2021 07:38

Just repeating the bull that the company feeds you! You call that research? Lol...This new drilling faff is a "trial". It proves nothing, other than the possibility that they had to sign up for it as part of the government grant they received.If you stay here long enough, you'll learn your lesson in time. In 13 years this company has delivered absolutely nothing. They've raised money repeatedly when the share price has been at the bottom, even when "well funded".

[the count of monte_cristo] 17/9/2021 14:52

THR is 6th on the leaders board, don't listen to the stale bulls who look back at the past negatively because they are losing money... stocks are forward looking. The stock doesn't care if these stale bulls have lost money, it doesn't care if they bought at a higher price and are negative, it is looking at now and the future. The trend is up, follow it. IMHO and do your own research!

[the count of monte_cristo] 17/9/2021 14:48

Yeah so abrahe00 has been proven wrong so lets not listen to that stale bull anymore.

abrahe00 "they need to find the money to get the permits to start drilling..." see the presentation, they are fully funded for 2021 exploration, do your research before you post things on here as facts. Idiot.

17 September 2021

Thor Mining PLC

Investor Presentation

The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR, OTCQB: THORF) are pleased to advise that an updated Investor Presentation is available on the Thor website, www.thormining.com .

A short video outlining the key messages from the presentation may also be accessed via the following link:

[uknighted] 17/9/2021 08:16

RNS Kapunda drilling.

Nicole Galloway Warland, Managing Director of Thor Mining, commented:

"It's great to see mineral exploration collaborations between industry, government and research organisations, such as this Coiled Tubed ("CT") drilling program between EnviroCopper and MinEx CRC. Based on geology and access, Kapunda is an ideal location to be trialling the next generation of CT drilling, whilst collecting geological information on the copper-gold mineralisation, which is valuable for the further development of the Kapunda Copper ISR Project."

2nd RNS

The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR, OTCQB: THORF) are pleased to advise that an updated Investor Presentation is available on the Thor website, www.thormining.com .

[the count of monte_cristo] 16/9/2021 12:28

abrahe00 - exactly, an RNS confirming drilling will move the stock. Money is flowing into uranium as people start to wake up to the fact that actually its a very good source of clean energy. I'm already up 30% here and expect greater gains, everyone has a different perception of a stock, I see the trend is north and moving higher.

[abrahe00] 16/9/2021 11:50

Positive RNS on uranium assets!? LOL... They need to start drilling first! Well, technically, they need to find the money to get the permits to start drilling... Which was supposed to be in Q3. They have another 10 days, so you never know...

They need some competent management first... the jury is still out on the new MD.

[the count of monte_cristo] 16/9/2021 08:36

1347 - I appreciated your little ditty:))

Can you imagine the share price reaction if they release some positive rns's on their uranium projects now! During these periods of excitement management usually try and get news out to the market, hence, I think we will see a few rns's over the coming weeks and months here.

Personally, I have a short term price target of 1.3p

[desflurane] 14/9/2021 12:32

I’d accept that🤞

[1347] 14/9/2021 11:58

There was a CEO named Mick Billing
Who liked to do lots of drilling
Then Potter said no
It's time you should go
Soon the shares will be worth a shilling

(I'll see myself out)

[soultrading] 14/9/2021 11:38

soon the sub 1 chance will be gone.

[the count of monte_cristo] 14/9/2021 01:14

I have a feeling that this might keep moving north, the trend is up. Following the price action over at AURA which has been first off the blocks for the uranium related stocks.

[uknighted] 13/9/2021 11:20

RNS

Thor Mining PLC

Board Change

The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) advise that Mark Potter, current Non-Executive Director, has been appointed Non-Executive Chairman with immediate effect.

[the count of monte_cristo] 13/9/2021 11:09

Moving nicely now, any update on the Uranium asset could seriously move this. Speculation may see it move back above 1p, IMHO.

[the count of monte_cristo] 08/9/2021 11:42

Look at AURA go

[the count of monte_cristo] 06/9/2021 09:06

Wonder when the uranium asset will start to get this moving

[knightrider69] 03/9/2021 17:10

Let's see.