Thor Energy Share Discussion Threads

[bsg] 16/5/2024 07:58

They obviously struggled to get the last placing away, so they've got someone in! To keep her in the manner she accustomed to.

[dig and sell] 13/5/2024 07:57

23.5 percent discount

[dig and sell] 13/5/2024 07:39

Placing at 23.5 discount to the 8 May closing price. Interesting to see a couple of THR directors investing their own cash in here...Highlights • The Company has conditionally raised, in aggregate, gross proceeds of A$1.3 million via the placing of 100,000,000 new ordinary shares of 0.01p each ("Ordinary Shares") (the "Placing Shares") at a price of 1.3 cents per Ordinary Share (the "Placing Price"), comprising: o approximately A$467,890 by means of a firm placing ("Firm Placing") with certain institutional shareholders of 35,991,508 new ordinary shares ("Firm Placing Shares") at the Placing Price o approximately A$832,110 by means of a conditional placing ("Conditional Placing" and together with the Firm Placing "Placings") with certain institutional shareholders of 64,008,492 new ordinary shares ("Conditional Placing Shares" and Firm Placing Shares being "New Ordinary Shares") at the Placing Price. o All placees to receive, one option for each two Placing Shares, to subscribe for a further new Ordinary Share at 2.6 cents expiring in 3 years. All options for both the Firm Placing and the Conditional Placing will be subject to shareholder approval. • Strong support was received from a broad range of new institutional and sophisticated investors, adding strength to the Company's share register. Prenzler Group acted as lead manager for the Placement. • The Company's Non-Executive Chairman Mr Alastair Clayton to invest A$100,000 in the Conditional Placing, subject to shareholder approval. • The Company's Managing Director Ms Galloway Warland to invest A$13,000 in the Conditional Placing, subject to shareholder approval. • The Conditional Placing is conditional on the Company obtaining the requisite approvals from Shareholders at a General Meeting, details of which the Company will circulate in due course.

[p-m] 09/5/2024 19:31

well that is certainly something.. see what the 13th brings but you would feel that it should pick up after the fund raising is complete but then again.. very very speculative...
..//

[dig and sell] 09/5/2024 19:12

ASX release:TRADING HALT REQUEST Thor Energy Plc ("Thor" or the "Company") (AIM, ASX: THR), requests a trading halt be placed on its securities immediately, pending an announcement to the market in relation to a capital raising. The Company provides the following in support of its trading halt request, pursuant to ASX Listing Rule 17.1: • The trading halt is requested whilst the Company is undertaking a capital raising; • The trading halt is expected to be lifted by no later than commencement of trading on Monday, 13 May 2024, pending release of an announcement by the Company in relation to the capital raising; • The Company is not aware of any reason that a trading halt should not be granted; and • The Company is not aware of any other information necessary to inform the market about the trading halt. This request was authorised by the Board of the Thor.

[p-m] 09/5/2024 16:41

Well something is about to happen thats for sure!

[bsg] 23/4/2024 09:20

Sub penny placing on the cards, again.

[papillon] 26/3/2024 00:19

free stock charts from uk.advfn.com


THR log chart. Awful chart. "Death Cross" appeared on chart almost 2 years ago.

[mrmark1] 15/3/2024 08:58

They are doing the broker rounds in London. So could be true.

[source] 09/3/2024 22:30

Senate passage of the first 6-bill appropriations package last night included a long-awaited $2.7 Billion allocation to fund provisions in the Nuclear Fuel Security Act (NFSA) that was signed into law in December as part of the NDAA H.R. 2670 (SEC. 3131- Public Law No: 118-31)energy.senate.gov/2023/12/barras...congress.gov/bill/118th-con... hTTps://www.congress.gov/bill/118th-congress/house-bill/2670/text

[bsg] 08/3/2024 11:29

Sub 1p again soon then a discount placing well below 1p. You couldn't make it up!

[ny boy] 05/3/2024 16:08

These miners, love to blow shareholder funds with the promise of jam tomorrow, rinse & repeat all over AIM, just poor quality management, won’t be long before the next begging bowl and obvious dilution.

[bsg] 05/3/2024 08:02

Half yearly report should say. We've nearly spent all your money again with nothing to show for it. Roll on next placing.

[abrahe00] 04/3/2024 12:46

This must be running on fumes by now... Blowing through a $1m a quarter and they had less than that in the bank at the end of the last quarter...

[p-m] 01/3/2024 18:57

i am surprised it hasnt moved more on the news.. it will do one day.. I think they should say they have an AI drilling machine and then it would rocket!

[bsg] 01/3/2024 12:21

They'll need to acquire some more claims for when the realise this Uranium lark is a dud and they wont be able to raise against it again. Maybe something on the Moon or Mars?

[the count of monte_cristo] 30/1/2024 13:42

News for Q1 24

THR - Market Cap: 5.15m GBP

URANIUM
· Uranium and vanadium assay results from the Wedding Bell and Radium Mountain drilling program

· Maiden drilling at Vanadium King Project

· Preparation for resource drilling at Groundhog, Rim Rock, and Wedding Bell Projects

COPPER
Completion of new constrained 3D ANT and mineralisation models

· Hydrogeology In-Situ Recovery ("ISR") assessment continuing

Copper-gold recoveries from lixiviant trials

· Continuing to assess the amenability of Alford West for ISR

TUNGSTEN - Molyhill
During the quarter, IVR carried out a 12-hole drilling program at Molyhil Project to verify and update the Mineral Resource Estimate; assays are anticipated in February 2024 (ASX/AIM: 9 November 2023)

[the count of monte_cristo] 27/1/2024 13:24

Assays are due for Molyhill in Feb, see the rns's from Nov. The market has completely forgotten about them.

Additionally, the gravity survey commenced on the 29th Nov 23 and was due to take 4 weeks to complete, factoring in the Christmas holiday news should be due on that as well.

Molyhill is THE largest tungsten deposit in Australia.