Share Name Share Symbol Market Type Share ISIN Share Description
Thor Mining LSE:THR London Ordinary Share GB00BD0NBV71 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -2.86% 0.85p 0.80p 0.90p 0.875p 0.85p 0.875p 471,575 12:47:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.0 - 3.17

Thor Mining Share Discussion Threads

Showing 9851 to 9875 of 9875 messages
Chat Pages: 395  394  393  392  391  390  389  388  387  386  385  384  Older
DateSubjectAuthorDiscuss
16/10/2017
18:50
If that was to get to the production stage Vish65 - and a free carry on our share :) - I would take that all day long. The share price should explode. Looking at it in more detail in hTTps://polaris.brighterir.com/public/ormonde_mining/news/rns/story/3xpmkqx I see there were equity and debt components. Also worth mentioning that the Tungsten price was different to what it is now...the share price is twice as at the announcement... Barruecopardo's infrastructure is certainly not the same as Molyhill though - so if we were offered anything like those terms I will be doing cartwheels from Lands End to John O'Groats.
josephrobert
16/10/2017
13:12
ref :Ormonde - a hedge fund provided the loan finance but Management gave away 65% to get it.
vish65
16/10/2017
12:45
Well said vish65. An option, helped by 100% ownership, is a 100% sale. How about the sale price being the costs incurred through the years? That might be a princely sum considering THRs microcap status. What happened with Ormonde mining though?
josephrobert
15/10/2017
21:06
Molyhill - Thors bargaining position for development is massively weak . No cash , no cashflow of any significance , 6 year mine life only , no track record for developing into production any other assets that I'm aware. How much a stake are they going to have to give away to attract financiers (Ref Ormonde mining) ? And with a lot of talk of being at the front of a mining surge after years in the doldrums they need to be developing and building now in order to take advantage . The only thing to look forward to hear (apart from future placings) is being wiped out.
vish65
15/10/2017
15:08
O/T EME newsflow starts again very soon on their recent discovery and could be pumping gas in to the paying system by the 1st of November. 30p highs to be tested soon imo
timw3
15/10/2017
13:45
The thing worth remembering you pay you money and get your choice - and investing in mining stocks is no exception. If you want something that is mining stuff out of the ground, getting revenues and profits then buy BLT and the like. If not then this arguably has merit as an investment.
josephrobert
15/10/2017
13:42
I think we are some way away from a greater degree of interest - that's why the share price is where it is, the anaemic volume and lack of institutional support. But that shouldn't come as any surprise as the market cap is £3m, there is so little cash in the bank, there is so little to develop the resources ourselves, and we are hardly in a boom period where capital raising is plentiful etc Clearly we have a need to raise capital - and I suspect the mining industry is the better place to do so - rather than equity markets - clearly it must be a sellers market out there too. That said I have invested and I do like the presentation which brings things together nicely htTTp://www.thormining.com/-/thor/lib/docs/interviews/Thor%20Minng%20201709.pdf So a few quick observations FWIW Molyhill - well worth looking at a bit more detail on the feasibility study and the assumptions - from those I can't get too excited about it - it's in the middle of nowhere for one - however the key aspect is the amount of upside with a larger resources - again need the cash to develop the resource to quantify that with more certainty hTTp://www.thormining.com/-/thor/lib/docs/aimreport/20150112%20RNS%20-%20Molyhil%20feasibility.pdf. Pilot Mountain - less developed, probably more upside than Molyhill, has better infrastructure, needs more money thrown at it. Both M and PM have 1 owner so that is more valuable than fractured ownership to someone interested in these projects. Kapunda - looking forward to the JORC but gut suggests it looks more feasible than the others imo.
josephrobert
11/10/2017
14:09
Rather than sit there complaining why not email Mick and find out. "During recent meetings at the International Tungsten Industry Association conference in Moscow we have received positive feedback from a number of parties commenting on the results of our exploration work, and quality of the asset, at the Company's Pilot Mountain project." Regards, Ed.
edgein
07/10/2017
20:33
Not much good just commenting on the size, why don't they put their money where their mouth is & part fund the development of the mine or simply buy them out
euclid5
06/10/2017
09:56
Pilot Mountain just keeps on getting bigger and bigger. New discovery, more extensions and thick mineralisation near surface at good hope. No wonder there are a number of interested parties commenting on the size of PM at the recent conference. Regards, Ed.
edgein
26/9/2017
11:41
So much supply to keep the rise in check
bigboots
26/9/2017
10:22
hTTps://www.bloomberg.com/amp/news/articles/2017-09-10/china-sends-one-of-the-west-s-most-critical-materials-soaring
knowing
26/9/2017
09:36
hTTp://www.miningweekly.com/article/tungsten-focused-thor-mining-moves-diversified-portfolio-up-value-curve-as-commodity-prices-rally-2017-09-26
knowing
22/9/2017
15:32
PJ is spot on too, two advanced projects (Molyhil already past the DFS stage) and are well placed as tungsten is flying, he's just stating the facts. Regards, Ed.
edgein
22/9/2017
15:30
Euclid, If you read the updates since 2015 and consider where the price of tungsten is now compared to 2015-2017 you'll understand why Mick said that Molyhil is at the front of the queue. Also its a good thing too that PM is 4-5 times bigger and getting bigger every time they put the drill on it. Not too shabby for a £3.5m company, neither is Moly with a $200m Ozzie EBITDA. Regards, Ed.
edgein
22/9/2017
15:25
well don't get me wrong here Edgein, but best of luck anyway PJ pumping this on his twiter a/c https://twitter.com/pauljohnson9691
euclid5
22/9/2017
15:23
You think the tungsten price may be a factor in that? Did you even listen to the two recent interviews posted? Regards, Ed.
edgein
22/9/2017
15:20
They have failed to finance this asset for a while now - if it's that good they would of raised the funds easily They need $70m Capex for a $67m NPV value for a 6year mine life - they completed the DFS years ago - & still haven't raised finance - if they do heavy dilution hxxp://www.thormining.com/projects#molyhilmore
euclid5
22/9/2017
15:16
And anyway they're not looking to farm it out they're looking to finance it. Regards, Ed.
edgein
22/9/2017
15:14
Tungsten price is up 63% this year. Mick even mentioned in the above interviews its hit $500/MTU and even stayed above $400/MTU for three years at one point! That's transformational if they can get costs below $100/MTU as mentioned. Regards, Ed.
edgein
22/9/2017
15:11
But they have not farmed this out yet for so long too.....
euclid5
22/9/2017
15:03
Good Reverend it looks like Mick said they might be able to get Molyhil down to less than $100/MTU on costs. That would be stunning. Regards, Ed.
edgein
22/9/2017
14:51
Link for recent proactive interview: Pilot mountain of global significance and Molyhil costs per MTU estimated at $160 vs tungsten price of $312! hTTps://www.youtube.com/watch?v=fm3u7luFdYI Regards, Ed.
edgein
20/9/2017
16:47
https://www.beaufortsecurities.com/thor-mining:-investor-qanda-c-2-p-447
the reverend david
20/9/2017
09:40
Very very interesting presentation. I'd almost forgotten that Molyhil had an EBITDA of over $200m AU to THR. Nice to see also that the PM project is around 4-5 times larger than this and keeps getting extended through drilling. That's pretty good for a company with a market cap of less than £4m. :) Regards, Ed.
edgein
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P:42 V: D:20171019 12:47:20