Thor Energy Share Discussion Threads

[abrahe00] 07/9/2018 08:17

Ed, it looks like the market doesn't share your optimism.

Any know what PJ is saying on Twitter?

TIA

[abrahe00] 07/9/2018 08:05

That's it then... Mick's played all his aces and come up with a busted flush every time.

Time he walked whilst there is still some value left and a chance of recovery.

I imagine MTR won't be too happy with things. Hope they do something...

GLA.

[jarega85] 07/9/2018 08:02

To much variance in it from my perspective. It is caveated from the start.I can only imagine it having a negative impact unfortunately as it just further delays news with some substance

[ianbag] 07/9/2018 07:38

PM scoping study on asx

[andy] 06/9/2018 10:08

abrahe00,

If it was Lenigas it would have been trillions.......

[paleje] 06/9/2018 09:52

News before next week's presentation? Don't go empty handed to sell to the Scots Mick, they're astute. And they'll see through creative accounting so careful how you put the numbers.

[abrahe00] 04/9/2018 13:59

No you're right, $350bn is correct. I initially read it as $350 Trillion, which would have been ridiculous.

1-0 to Mick! ;o)

[5chipper] 04/9/2018 13:26

1,000 million = 1 billion

350,000 million = 350 billion

Correct me if i'm wrong

[5chipper] 04/9/2018 13:25

I think 350,000 million = 350 billion

[abrahe00] 04/9/2018 12:45

Really? $350 Billion Dollars!!! The man is either an idiot, or he doesn't understand numbers. either way, it's not good for a CEO... and an accountant at that! :oO

The only thing that is holding back this share is the fear of dllution from having to finance the mining operation. MB needs to raise $40m to build out Molyhill and he cannot raise this on his own. He needs some serious backers.

Hence why I don't think the PM report on its own will make much difference to the share price In fact, it may even tank after that, as it did following seemingly good news on Kapunda and Molyhill.

Time will tell... GLA.

[paleje] 04/9/2018 12:01

This isn't painful, outlook for molybdenum, Mick's getting proactive with the twitterati:-

@ThorMining
#Molybdenum Market is Set to Surpass US $350,000 Mn by the Year 2026
Growing demand for energy from large scale industries is expected to influence the demand for molybdenum in the near future. #THR @ThorMining #Molyhil #Molybdenum #Tungsten #Australia

[andy] 04/9/2018 10:10

Sounds painful! :-)

[5chipper] 04/9/2018 09:25

This feels, to me, like it's itching to break out

[edgein] 04/9/2018 09:20

Well we'll just have to wait and see, MH NPV is multiples of today's cap and Kapunda and PM aren't priced in either. So we'll just have to wait and see what happens when the company announces a huge NPV for PM. With grades up to 0.9% tungsten given current prices, economics should be outstanding, even averaging 0.3% tungsten is very good (see W resources as reference).

So we watch and wait. A JV on either/both of these projects could come too as you suggest. A carry for expo on PM would be interesting as Mick suggested they could explore there for another 6 years or so. Getting a small start up mine at gun metal would be good news too.

Regards,
Ed.

[5chipper] 04/9/2018 09:18

Some big buys over the past couple of days. Wonder if someone is increasing a stake?

[abrahe00] 04/9/2018 08:50

Ed,
I doubt the PM study will make much of a difference, much like Kapunda and Molyhill ones didn't.

The only thing that will make this move is a JV or similar agreement with a major.

Either that or Mick's resignation! ;o)

E.

[edgein] 04/9/2018 08:46

Pale,

There was plenty of action here when these moved from 0.8p to 4p+. It'll happen again the next time the herd arrive. Timing of that is likely on arrival of the PM scoping study numbers.

Regards,
Ed.

[paleje] 04/9/2018 00:43

PJ's twitter machine in overdrive now and formidable. His weekend analysis of THR, notwithstanding his acceptance of some debatable figures, sounded genuine. Can’t knock his tenacity and if it injects some life into the share price great, it’s what we all want to see.

Perhaps they made that grand statement about 'commercialising' last October a bit too soon and created expectations ahead of time. People entering now will have a different view to those of us who've been here a long time. I don’t doubt the possibility of 10p and beyond which PJ talks about, just not sure of the ability or speed with which management will be able to achieve it.

Still all down to Mick imo; if he can convince a third party to buy or jv, investors will rush to join in.

[bsg] 03/9/2018 12:56

Tick up won't last, it will be flat by end of day or tomorrow. That's what normally happens.

[vish65] 03/9/2018 12:52

Abrahe00. Remember we do have a memorandum of understanding with GTP for offtake and these people do invest downstream. Also the Koreans and Japanese who were interested in the Old version of the Dfs from back in 2015 so should be even more interested now.

Just need to hang in there.

Good little tick up today on some reasonable buying

[abrahe00] 03/9/2018 12:36

Vish, I agree broadly with your views. I am not expecting a big JV agreement with a major, just a small "co-operation agreement" to do more testing or research would be good.

Mick's been flogging MH long enough to have generated some interest. Alas, we appear to have none.

E.

[kirtonender9] 03/9/2018 12:36

PJ is heavily underwater and has been ramping THR for months to no avail. He must be getting desperate for the shares to move.