Thor Energy Share Discussion Threads

[the stigologist] 14/3/2018 02:59

Double top?
Double top?
Double top?
Or
Continuation

lolz

[noirua] 14/3/2018 01:48

The sector is very weak with only a few micro-cap miners here and there bucking the trend. Maybe low cash at about £4.2m against a high market cap of £26m when at 4p was the problem with no partnership agreement or short term cash flooding in.

Maybe Twitter over-excitement caused the share price to get ahead of itself. Directors do have a habit of saying how good the management is and how well they are achieving.

These days cash needs to be near the market cap as assets in the ground in undeveloped tenements or stock piles of low grade tailings need financing.

Anyway, the assets themselves look good so it's grab a partner to put cash in, or dare I say it, an extra US$20 million would do the trick in the states.

The share price is probably too low at 2.25p to 2.5p and Thor did not deserve to be stamped on this hard. After all, it's steel and aluminium going into America that will be hit the hardest. 2.7c a share, as I post, is so low it's worth putting THR aside and waiting for things to settle.

[jarega85] 13/3/2018 13:18

Plenty of buying at this price

[ianbag] 13/3/2018 11:19

Run along Chris

[the stigologist] 13/3/2018 10:56

People realising this is a pos

[paleje] 13/3/2018 08:56

Exactly abrahe00, he knows it too. Proactive's Andrew Scott interviewing MB next week in London asking for shareholder questions:-

#THR @ThorMining @MickBilling Mick Billing in the studio with me next Tuesday (20th) - tweet me your questions between now and then should you have any ... happy to include as part of an extended discussion

[abrahe00] 13/3/2018 08:28

Mick keeps talking about bringing these assets into production, when in reality, he neither has the money nor the know-how to do it!

He needs to find JV partners quickly and all the work being done now is in preparation for that eventuality.

Let's hope the "one or two" interested parties are big boys...

AIMHO.

[paleje] 12/3/2018 16:36

Thanks Vish, interesting.

Any one of the 3 main projects, on its own, worth more than current mcap in his opinion. Molihil BFS will run over into April I think we expected that, and a couple of interested parties awaiting the outcome.

Reaffirmed Kapunda grades perfect, more news within H1. PM sounds like late summer/autumn before we can expect a PFS but there'll be more drilling news in between. And unexpected news can come any time of course.

London next week so more media attention.

[vish65] 12/3/2018 15:21

New interview



More drilling at Garnet (PM) and off to Korea/Japan for MH talks.

However this being done based on the previous the RNS statement - when asked about Western Shaw things start to unravel a bit , he starts gong backwards. Not sure what to make of what's going on there

[telbap] 12/3/2018 08:20

Is it me or has advfn gone on the Fritz again? Half companies on my monitor not showing activity or open price.

[geko5trade] 12/3/2018 05:14

Well presumably that is the end of the foray into gold! Personally I always saw it as a gimmick so I'm pleased if that's the case.
lachman there is a thread if you search under Beaufort or under HOOD. The title is less than sympathetic but there are some interesting posts. Obviously nothing conclusive. There are also links to articles that point out the wider implications for all PI's.

[lachman] 12/3/2018 00:26

Geko5Trade,
Many thanks for your comments, I have 6 Companies in there Nominee inc THR
Lachman

[noirua] 09/3/2018 00:51

As announced yesterday:
Thor Strategic Update
Announcement ASX:
THOR TO FOCUS SOLELY ON TUNGSTEN AND COPPER INTERESTS

[geko5trade] 08/3/2018 17:40

Further to my post in response to lachman and Beaufort. I imagine lachman holds THR so it's broadly relevant. Some figures have been mooted such as 85p in the pound returned to clients. But, and I don't know if there is a precedent, what happens if the client holds a million THR for arguments sake? Do they transfer the entire holding? Sell 15% and then transfer. If they do the latter when are they sold and at what price? I can't see any justification for lachman or other clients losing out because Beaufort happen to be the holder of the Nominee, (supposedly ring fenced account), but you can see the problem. If there is going to be no forced sale then all the retail clients should just have their shares transferred immediately. It's only a couple of clicks of the mouse since they now have access to the clients data.
Anyone have a view or know of a precedent?

[paleje] 08/3/2018 14:43

Pjt, so they're like Edison or Equity Developments but newer and presumably cheaper. I'm not sure they'd get insti attention which is what we need, thanks for pointing them out though, I hadn't heard of them.

[cudmore] 08/3/2018 14:38

10p here we come!

[edgein] 08/3/2018 14:04

Sounds very good, even if the market isn't recognising the significance of THR's assets at least the people who matter are:

"Tungsten resource sector experiencing considerable strengthening during 2017 and Q1 2018 to date (global APT tungsten prices at its highest since December 2014) , with increasing third party interest demonstrated in the Company's tungsten portfolio."

"Of particular importance is the continuing engagement with third parties keen to consider strategically significant tungsten and copper opportunities. Through sale, joint venture and offtake agreements, companies such as Thor can revolutionise their business model and secure greater market recognition and a valuation that reflects the inherent value of their business. That is now our absolute focus at Thor Mining."

Still in negotiations on all assets it seems, both the tungsten and the copper. Focusing on getting institutional interest and deals on our assets, bring it on Mick.

Regards,
Ed.

[cudmore] 08/3/2018 14:04

Ticking up on small volume. The mm’s want the stock but don’t want to sell. Pile in for the climb northwards!

[the deacon] 08/3/2018 13:56

Good to hear they're streamlining. Something the regulars on this board will know I suggested many many months ago.

[cudmore] 08/3/2018 13:51

Why is the RNS not showing on ADVFN?

[paleje] 08/3/2018 13:25

"We are keen to further communicate our story to a diverse audience including institutional investors and will be revising our marketing approach to achieve this including website enhancement and the provision of institutional research reporting covering the company."

Institutional investors yes please, and - 'institutional research reporting'- what does that mean, commissioned?

ADVFN have a glitch, try

[lgw] 08/3/2018 13:21

Can anyone post the news I can't seem to see it on advfn

[noirua] 08/3/2018 12:38

Longford Resources Limited ASX:LFR that has Cobalt and Copper interests in USA are changing their name to New World Cobalt Limited. Perhaps time for Thor as well. Interests are at Blue Jay Mines, Goodsprings Project, in Nevada, USA.