Thor Energy Share Discussion Threads

[x54v] 30/10/2017 19:39

Largest trade of the day a buy and also the highest price paid in the day.

4:35pm - a 1.2 million buy and 1.25p paid. £15k worth.

More like that tomorrow would help push the share price higher.

[x54v] 30/10/2017 15:34

Good to know...

[knowing] 30/10/2017 15:33

Can't wait for the additional news and increased targets in Pilot Mountain.

[x54v] 30/10/2017 14:25

"LME Week, at the end of October, is a chance for metal traders and miners to take stock. For the first time in five years, they are confronted with a bull market for base metals."

[x54v] 30/10/2017 14:02

"Delighted with #RNS from #THR - it's what we do with asset now that matters to investors we know."

[x54v] 30/10/2017 13:48

SP Angel comment today:

"Conclusion: We look forward to the results of the revised ore reserve for Molyhil which arise from the new ore sorting data. It appears that the company may have scope to expand the resource base and capture operating and capital cost savings which could transform the project economics at a time when the price of the benchmark ammonium paratungstate is recovering."

[x54v] 30/10/2017 13:47

Bring it on!

[edgein] 30/10/2017 13:46

x54,

Yeah publicity and word of mouth will certainly help. Although funding and an updated DFS will certainly add to that as Molyhil is development ready pending funding. On a day these are 50%+ the herd will arrive.

Regards,
Ed.

[x54v] 30/10/2017 13:24

A key RNS would undoubtedly help Edgein. Saying that though, the recent volume and price action after the latest RNS suggests that the story is becoming more widely known.

Word of mouth can be as good a means as any to get more and more people to buy in, and that's what seems to be happening just now: for the first time in months the price is rising strongly on good volume.

In the words of an article I read today on growing optimism in the mining sector, "nothing attracts interest like returns".

[edgein] 30/10/2017 12:38

It was in post 3242 posted by lenses.

Here it is again:



Regards,
Ed.

[lgw] 30/10/2017 11:56

Could you post that interview link please.TIA

[edgein] 30/10/2017 11:21

x54,

Well that's very true but its gonna take a key RNS to get the herd in. Something that illustrates that our assets are over 1bn+ and our cap £4m. It could be the funding or revised DFS that does it. We may be a while off DFS or funding for PM. Good reminder in that interview you posted about the little ozzie copper asset with production eventually targeting 6000tn per year of production. That's quite a few million per year for a tiny company.

Regards,
Ed.

[x54v] 30/10/2017 09:52

What I'd like best is better market recognition of the true value of the assets via a much higher share price.

[edgein] 30/10/2017 09:28

x54,

I guess you're also now expecting an updated DFS for Molyhil too!

Regards,
Ed.

[x54v] 30/10/2017 08:14

"Thor has previously published a Definitive Feasibility Study demonstrating a project NPV of A$67million (approximately UK£39million)"

Yes, plain crazy the value here. NPV for Molyhil of £39m vs market cap of just £4.2m. As you say, NPV for the resource of nearly 10x the current share price.

And that's just for Molyhil, with Pilot Mountain being a much larger resource.

The share price should be way, way higher.

[x54v] 30/10/2017 07:22

RNS this morning

"Recent ore sorting testwork has achieved substantially improved outcomes which the Company believes have the potential to materially increase the portion of the Molyhil resource estimate which is economic to recover"

"Increased conversion to ore reserve and an extended mine life, if applied to Molyhil, could materially enhance the value proposition of this project, at a time when there is increasing vibrancy in the tungsten sector, particularly with the rising tungsten commodity price in 2017."

[x54v] 29/10/2017 18:52

"plenty - #THR is a company into which have invested circa £100k in 2017 - very much believe considerably undervalued."

[lenses] 29/10/2017 14:33

"..Replaced by Good Times". CORE Tv. Billing on Thor:

hxxp://www.corelondon.tv/thor-mining-mick-billing-bad-times-replaced-good-times/

L.

[x54v] 28/10/2017 07:59

A good time to be investing in junior mining companies by the sounds of it with a boom about to emerge.

Mining Capital's Alastair Ford discusses the mining investment clock concept and where he reckons we're at in the cycle

[x54v] 27/10/2017 23:56

Resource valuation - 'B' for billion; market cap 'P' for peanuts:

[x54v] 27/10/2017 18:49

THR now a top focus for Paul Johnson.

[x54v] 27/10/2017 09:36

"In each case the investment was made into a company that has experienced considerable share price attrition and where investor confidence in the stocks had fallen away. Investing in this backdrop is a lonely affair, with few willing to engage in discussion and even fewer having your level of belief sufficient to justify an injection of capital into a stock.

Boredom accompanies loneliness and the two combined act to grate on the mind and raise almost continuing doubts about the validity of investment in a stock or stocks where your peers are largely absent, but if vocal tending to be derisory in their opinions.

That said, in all my experience the soup of dejection, disbelief, quietness and derision forms the perfect investment position."

[x54v] 27/10/2017 09:31

BBs often have scathing comments from long term holders of stocks who have held on through the prior decline and are bitter and feel the need to vent. It's the same with loads of the smaller resource companies. The optimism in the comments usually reflects the recent share price action - the better it has done, the more positive are people's comments.

Whatever the case, it's good to see the strong move up on ASX after the sideways range.

PJ is a good promoter of stocks he owns and especially ones where he is also a director so THR should get increasing coverage from him.

The recent RNS has definitely boosted the price and recent volume and I would expect activities and newsflow releases with an aim to drive up the share price in the coming weeks.

"In summary Thor has built a strong portfolio and needs now to focus its efforts on fully communicating this to investors in the company and third parties who are seeking exposure to tungsten and copper opportunities. As a company we have to be bold and demonstrate that in the board's view, the market value of the Company considerably understates the value of our business interests."

[paleje] 27/10/2017 09:08

Must be PJ's tweets cos the chat on hotcopper has been a bit scathing about Mick for quite a while. Still that can all change as news increases, but I think some 'hard' news might needed to keep it going.