Thor Energy Share Discussion Threads

[cf456] 29/1/2018 11:00

"#THR current market cap of just £19m, it is possible the market is seriously underestimating the value of its resource base. Publicly available assessments of its projects suggest it already controls at least $1.8billion worth of metals certainly looks attractive."

[geko5trade] 29/1/2018 10:24

Yes I agree if it moved up from here it could do so quite firmly. If there has been a seller capping the price MTR must have gone some way to taking them out.

[jarega85] 29/1/2018 10:03

Keeps testing that resistance point it could smash through and see us up to 4.2p!

[cf456] 29/1/2018 09:34

"Considerable upside potential"

Follow the money...


"We consider the size, potential and scalability of Thor’s key projects to be of significant interest and that the current valuation placed on Thor offers considerable upside potential for investors."

[cf456] 29/1/2018 09:30

Share price breaking out.



A long way up to go yet to revisit those historical highs.

[edgein] 29/1/2018 08:27

Great to see MTR buying more and looking to get an option on new THR projects as per previous RNS. The quality of the assets here is blindingly obvious, MTR might as well boot fill when they can get them cheap. With the tungsten price and grades up to an astonishing 0.89% WO its only a matter of time imo before these financiers pushing for the feasibility study for PM make a move towards JV imo. We may get a development option for MH in the mean time though. As post 3994 suggests lots of news due on the projects we know about, wouldn't be surprised if we get more acquisitions. Lith asset looks like a good investment too. No direct activity by THR, but when US lithium lists we still have over 22% investment. So its not taking up management time but could still be a very valuable asset over the mid-longer term.

Regards,
Ed.

[lgw] 29/1/2018 08:27

Seems now those 500k trades were MTR purchases!

[cf456] 29/1/2018 07:59

Metal Tiger really keen to get hold of shares it seems.

That's another £186k worth.

[cf456] 29/1/2018 07:56

MTR loading up even further, buying 5.75 million shares on market:

[ianbag] 26/1/2018 16:28

Tidy2 back with such insightful posts - your views haven't stopped you investing in Lionsgold have they??. Didn't someone on here say he was a spike investor? In which case he will be investing here in a few sessions time, except it wont be a spike.

[cf456] 26/1/2018 16:25

Wouldn't want to be out of this over the weekend.

Plenty of newsflow to come in the near term.

Metal Tiger were chomping at the bit to buy. They know what's coming. And they know the huge upside here.

[cf456] 26/1/2018 16:01

Crazy quoted spread. MMs trying to discourage buyers.

There is a big move to come here when the price breaks out.

[paleje] 26/1/2018 15:51

Except he hasn't dumped he's continued buying and so have his buddies from MTR, the biggest single shareholder who added another £300k worth days ago at a premium.

[tidy 2] 26/1/2018 15:12

Paul Johnson pump and dump stock.

[cf456] 26/1/2018 14:30

"#THR

#Tungsten, #Gold, #Copper #Commodity Upside

News imminent on Kapunda Copper Asset

Commercial news for Molyhil and Pilot Mountain due

#Pilbara Western Shaw DD fast tracked

Over US $1Bln of In-Situ Metal Value

#MTR warrant accelerator at 14p

Market short of stock"

[cudmore] 26/1/2018 13:13

This afternoon will see these fly!!!

[lgw] 26/1/2018 13:11

Well worth reading the full article here.

[vish65] 26/1/2018 13:06

"Although Molyhil’s tungsten reserves might be smaller than Pilot Mountain’s and not share the same domestic demand, they are still estimated to be worth around $300m (£211m). The project’s molybdenum is valued at $170m ((£119). These are not figures to be sniffed at, especially when compared to the Thor’s £18m market cap."

Why people bother with these in-situ values is beyond me.

We know the NPV attributable to shareholder is ONLY £39m last DFS, And there a a fair chance a percentage will be surrendered in a JV or shareholders diluted if not completely funded through debt.

The DFS should get an uplift with cost savings using solar power , the ore sorting impact and reserve update.

The only figure that matters to me is what is attributable to Thor shareholders .

[cf456] 26/1/2018 12:46

"With a current market cap of just £19m, it is possible the market is seriously underestimating the value of its resource base. Publicly available assessments of its projects suggest it already controls at least $1.8billion worth of metals."

[cf456] 26/1/2018 12:41

"At current prices, it is estimated that Pilot’s combined resources are worth around $1.3bn (£910m) dwarfing the current market value."

"Although Molyhil’s tungsten reserves might be smaller than Pilot Mountain’s and not share the same domestic demand, they are still estimated to be worth around $300m (£211m). The project’s molybdenum is valued at $170m ((£119). These are not figures to be sniffed at, especially when compared to the Thor’s £18m market cap."

[paleje] 26/1/2018 12:04

Not like Mick to ramp, I wonder if he'd care to guesstimate the cost of getting there seen as he's got a day off and clearly time on his hands:)

[geko5trade] 26/1/2018 12:03

Of course if it is just one seller and they dry up then I think it could pop! We'll see...