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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Thor Explorations Ltd | LSE:THX | London | Ordinary Share | CA8851491040 | COM SHS NPV (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 15.00 | 6,000 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 14.50 | 15.50 | 15.00 | 15.00 | 15.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | USD 161.48M | USD 25.4M | USD 0.0387 | 6.72 | 170.58M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:14:57 | O | 5,000 | 14.833 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 18/4/2024 | 21:47 | ALNC |  TRADING UPDATES: Thor Explorations says production up at Segilola |
| 18/4/2024 | 07:00 | UK RNS | Thor Explorations Ltd Q1 2024 OPERATING UPDATE |
| 03/4/2024 | 11:43 | ALNC | Thor Explorations scales up Senegalese gold mining operations |
| 03/4/2024 | 07:30 | UK RNS | Thor Explorations Ltd ACQUISITION OF EXPLORATION LICENCES IN SENEGAL |
| 15/1/2024 | 14:22 | ALNC | IN BRIEF: Thor Explorations meets full-year gold production targets |
| 15/1/2024 | 07:00 | UKREG | Thor Explorations Ltd Q4 2023 OPERATING UPDATE & 2024 OPERATING GUIDANCE |
| 15/12/2023 | 17:45 | UKREG | Thor Explorations Ltd Results of Annual General Meeting |
| 27/11/2023 | 20:55 | ALNC | EARNINGS AND TRADING: JLEN amends earnings; Thor quarter profit falls |
| 27/11/2023 | 07:00 | UKREG | Thor Explorations Ltd Third Quarter 2023 Financial & Operating Results |
| 23/11/2023 | 12:30 | RNSNON | Thor Explorations Ltd Attendance at Mines & Money @ Resourcing Tomorrow |
Thor Explorations (THX) Share Charts1 Year Thor Explorations Chart |
|
1 Month Thor Explorations Chart |
Intraday Thor Explorations Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/4/2024 | 17:14 | Thor Exploration | 65 |
| 03/7/2023 | 13:21 | Thor Explorations expands footprint to include lithium | 2 |
| 02/7/2023 | 20:24 | Gold | 10 |
| 11/10/2022 | 12:17 | Tex Holdings - Ignored but for how long? | 7 |
| 09/4/2008 | 12:27 | ADVFN | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:14:57 | 14.83 | 5,000 | 741.65 | O |
| 08:37:11 | 14.83 | 1,000 | 148.33 | O |
| 2024-04-24 13:46:54 | 14.95 | 4,000 | 598.00 | O |
| 2024-04-24 12:58:55 | 14.68 | 6,812 | 1,000.00 | O |
| 2024-04-24 11:24:07 | 14.68 | 5,000 | 734.00 | O |
| Top Posts |
|---|
Posted at 25/4/2024 09:20 by Thor Explorations Daily Update Thor Explorations Ltd is listed in the Gold Ores sector of the London Stock Exchange with ticker THX. The last closing price for Thor Explorations was 15p.Thor Explorations currently has 656,064,724 shares in issue. The market capitalisation of Thor Explorations is £170,576,828. Thor Explorations has a price to earnings ratio (PE ratio) of 6.72. This morning THX shares opened at 15p |
Posted at 19/3/2024 13:52 by loganair LB - If any spare cash going I much prefer a small dividend rather then a share buy back as on the whole I'm not in favour of share buy backs. |
Posted at 11/3/2024 20:00 by lord buffett From memory, I seem to remember Segun saying that Thor will have paid-off their outstanding debt towards the end of H1 this year.Another really value accretive move would be to buy-back some shares, which would not only support/increase what is a historically low share price (on a prospective p/e of possibly less than 1!), but also enhance any potential dividends per share in future years when I foresee the company having grown into something much bigger. (The caveat around buy-backs is that they may not currently have the mandate/authority to do; I simply don't know.) |
Posted at 11/3/2024 19:00 by ukgeorge Be nice to see debt reduced to zero.If I were a gold company I would be hedging this gold price ($2180) lock in say 50% for the year. |
Posted at 11/3/2024 16:18 by royalalbert Gold at 2184 come on #THX after AISC we are shifting around $1000 an ounce, production for this quarter forecast 20,000oz, mental share price. |
Posted at 01/3/2024 21:30 by stevea171 News. We are due an updated MRE for Douta any day now. Q1/24 is current guidance. This is expected to increase both the resource to c. 2 million oz gold and the average grade.This is to be followed by the PFS for Douta delayed from Q4/23 to Q1/24 with only a month now left in Q1. With this information in the public domain there will be visibility of the valuation of the asset and development issues and costs. Segun thinks Thor can build a mine there without dilution of shareholders but Endeavour's huge mine, Sabodala, is just trucking distance away from Douta, and other predators incl possibly the Chinese will no doubt take a close interest when this PFS is released. At the moment Douta is valued at zero in the THX share price which gives the AISC $1150, 100k oz producing mine at Segilola a derisive valuation. THX share price was recently smashed even lower by a further 20% by a large seller wanting out at any price over a 3 day period but the shares are starting to bounce back with likely more on news. |
Posted at 22/2/2024 10:03 by hamidahamida Honesty at an EV of GBP65m (10.50p a share) for production of 95000 oz at AISC of c. $1,150/oz in a $2,050/oz environment, and there is bonus of the lithium drill news due soon. 2024 Gold production guidance 95,000 oz and 100,000 oz at an average ALL IN COST of USD1,150/oz. leading the most conservative broker to forecast a USD33m swing in net cash in FY24.That is based on 95000 oz at AISC of $1,150 and a gold price of $2,026/oz.YTD gold price currently running slightly above that level.Douta PFS is due this quarter along with an updated mineral resource estimate. Bringing in a second jurisdiction and so spreading risk. Douta would be another 100000 oz mine.One concern I've had is mine life extension but underground drilling at Segilola starts in H1 2024 on a resource that hasn't been explored at depth.Plus in the Q4 update, some very impressive near-mine results perhaps got missed by many. |
Posted at 22/2/2024 09:18 by stevea171 Selling in smallish chunks in the last hour or so here yesterday, in Canada over night and now again here this morning. Seems to be one or more distressed holders with limited buyers to soak it all up so crashing the share price LSE comments: Last night. The share price is down 8% on something like £12k of sells broken in to about 10 trades so its hardly like a large holder trading in this manor. This is clearly retail as incredibly amateur and very distressed to hit out small trades below bid. Honestly think in 6 months time here we could be looking 25-30p should they extend the mine life as expected. Chucking out 85-90m ebitda at the moment call it 1 x Mcap. This morning. The volume in Toronto was 3x the average, it was a large (selling) volume day. If there weren't many trades, then it's likely it was one (or a small number of) large holder(s). Are institutions buying or trading this in any sort of volume? No. Large holders selling are not professional investors and likely need the money (or bored of waiting for returns) and this is exactly what the share price is at the mercy of. Which is exactly what has been written here for years. Saying it's just some amateur is to miss the point that this hasn't always been going on and will continue to go on. Unless this share is more widely distributed (or someone wants a big stake or buyout), we will never see fair value. This is an asset for the handful of people who own the majority of shares to be utilised/monetised/l We must be approaching halfway through the original Segilola mine life and we're now at my first buy-in price, from well before ground was broken, many years ago. No share price appreciation whatsoever for being a producing, profit-making, low debt mine, with potential for extension, additional gold leases for development, lithium... etc. Add in many years of inflation and I am well down. And that doesn't consider I have averaged up over the years, so I am very, very down. The prospects were improving, right? Why wouldn't you add? Having slept on it though; a market-settling RNS wouldn't help. There is no 'market' issue. Someone (probably one person) is selling... no one is interested in buying, as usual. Clearly very few people know about this or very few people are interested in this. What can be done to address that? Let's get definitive news on Segilola extension, the plans for Douta (sell it if it doesn't make sense and return the money to investors), more clarity on how the AISC will be reduced, plans for buy-backs, dividends (it's not 'only' been operating 2 yrs, it's profitably halfway through mine life), etc, etc. What is it, ~60% down from the recent high in ~8 months and the gold price is higher today than it was then? But nothing has changed. It's incredibly frustrating. |
Posted at 21/2/2024 15:16 by swinsco Value halved in less than six months. I guess mine life down to 2 years 9 months now. Haha. This Twitter ramped share could be worth looking at soon.. need some meat on the bone first though! |
Posted at 16/1/2024 14:38 by stevea171 Spotlight on Douta and valuation.A lot is happening here. But what is Segun up to with Douta? The PFS has been moved back from Q4/23 to Q1/24 to give more time for a new MRE to be issued in Q1 ahead of the PFS where the resource of 1.78 million oz gold is expected to be expanded to 2 million oz at a higher grade, with more converted from inferred to indicated category and for development of the mining process with the Chinese in conjunction with the metallurgy work in Perth. Exploration here has so far been limited but with further exploration and drilling along a 15 km mineralised corridor the resource can be expanded further. Douta is not a straight forward development due to the refractory ore element as with the nearby Massawa development (Endeavour). The cost of building a 100k oz pa mine at Douta will not come cheap. $120 million for Stage 1? It can be done in two stages with the oxide ore CIL processing first followed by a BIOX. Stage 1 could be financed 50% by a Finance Co and the balance through cash flow this year and next. Commence 18 month build early 2025 with completion mid 2026. Randgold/Barrick did not develop the much higher grade and larger Massawa deposit for 10 years before selling out for $380 million in 2020. Then there is the salutary lesson of the failed development of the adjacent Makabingui deposit in 2020 by Bassari Resources. When the PFS comes out it is sure to trigger interest from predators and in particular from Endeavour to add to their regional supply of ore to their huge operation at nearby Sabodala. The economics for the low grade ore could be improved for Endeavour by installing a crusher and ore sorter at Douta before trucking to Sabodala. What price would Endeavour offer for Douta? $100 million? (B2B Gold sold its 1.1 million oz, 2.3 gm/t Toega resource in Burkina Faso to West African Resources in 2021 for $45 million). Segun says he is not looking to dilute shareholders with future development of Douta or the recent Nigerian lithium deposits but is open to partners/JV's. He has strong links to the Chinese who were contracted for construction of Segilola and are involved with the process design for Douta. So it's likely the ball will kick off with the PFS in a couple of months time. Future development of a second mine for Thor in Senegal? Or a sale providing funds for gold and lithium mines in Nigeria where Thor is the first mover with plenty of attractive prospects. None of this is in the share price at a near low of 14.25p since listing on AIM in 2021. Thor: "Our vision is to create significant shareholder value by being the largest producer of gold and the leading and sustainable supplier of lithium in Nigeria." THX Mkt Cap is £93.5 million at share price of 14.25p. Dual listed. Also on the TSXV (THX) with share price CA$0.23. Major holdings: Segun Family 15%. Segun 4.5%. Comparison: Shanta 100k oz pa. Mkt Cap £136 million at 13p. Target Price: 30p - Canaccord Genuity 15/1/24 If significant lithium deposits are discovered and developed Thor could become a billion dollar gold and lithium producer. News 15/1/24: Q4/23 production results. |
Posted at 10/1/2024 10:04 by ukgeorge Hopefully gold production is okay but based on the share price there looks like there is something wrong. |
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