Thor Energy Share Discussion Threads

[paleje] 24/1/2019 08:57

1.2p warrant price breached, very tough for small caps seeking project finance. Not just getting it but at what price, that's the problem for holders. I wish I'd quit at breakeven but hindsight and all that.

[paleje] 18/1/2019 09:19

PJ (sharetalk) really pushing that ECR outfit, personally having met their boss Craig Brown and seen his history I wouldn't be rushing. As for Mick well I think Vish's message is plain enough...but he'll come regardless:)

[abrahe00] 18/1/2019 08:42

Getting closer to my re-entry point at 1.1p... Although, I'd have to sell some GGP to get back in. Decisions decisions...

[vish65] 17/1/2019 16:00

Share_Talk
Share_Talk

@ThorMining , @ecr minerals will be attending
Investor Show #London Friday, 29th March 2019 along with two other listed companies.

Dont bother getting on the plane Mick unless you've got a finance deal sorted for us. Thanks

[bmnsa] 17/1/2019 14:46

'Anytime' we will get a BOOM :)


Edit: 'Anytime' we could get a BOOM :)

[bmnsa] 14/1/2019 19:16

Large buy for 1.5p at close. Over a mil.
Looking good. Someone in the know perhaps!

[abrahe00] 09/1/2019 06:24

Sad but true Noirua. It's more or less the same story with EUA. 2m oz proven resources and funding in place to construct the mine... and yet, the share price is struggling to break away.

Small miners will come good at some point. Just not sure if it'll be this year.

AIMHO. DYOR...

[noirua] 08/1/2019 21:26

The present market when it sees good assets that are not developed it says, "we aint bovered". A lot of excellent presentations going the rounds as is Thor's. Even with a profitable developed 100 year+ mine it still isn't bothered. Note Jupiter Mines on a prospective yield well over 30% per annum and no one cares.

In the world 12 months ago Thor at 1.25p would have been really cheap but now people yawn and pass on by. No point buying if the price is going down anyway.

Raising cash for a small mine lasting 6 to 10 years is not worth bothering about. A find of 1,100 metres depth from surface at 2.8% copper and every hole drilled over 650 metres and tenement after tenement similar is what the likes of BHP are interested in. So anything small should really be mothballed for a later date. Those that go bust can hand them over to the tenement jackals for not that much.

[john3v16] 08/1/2019 18:17

There are more assets held now than the good old days of 2005
I'm hopeful of good things to come

[john3v16] 08/1/2019 17:40

Oh for those days again 4.138p

glmorris
1 Jul '05 - 16:52 - 30 of 5157
0 0 0
OK, who bought 500 shares at 4.138 pence? That comes to £20.69 plus costs!!!

Somethings not right, could it be a signal of some sort, not unknown for this to occur, but signal what?

[5chipper] 08/1/2019 10:24

Tbf that's quite a comprehensive presentation.

Will have to print off and read later

[paleje] 08/1/2019 09:57

When things go slack wheel out a presentation. It's ok nothing new, says something about core projects being on the commercialisation path or words to that effect.

I seem to remember similar language in Oct 2017 and other times. Must be a long path.

[vish65] 07/1/2019 22:36

hi Paleje. Agree with your sentiments completely and MH funding has to get sorted first. A Moonta finance commitment ( if this is one of the projects thor buy into ) without MH financing in place to eventually fund such projects is just foolish.

Tremendous potential here for 2019 but its make or break.

[paleje] 07/1/2019 20:49

Interesting Vish, maybe an option to establish interest without forking out much cash. They've got other stuff to fund nearer term which id rather see them complete before chasing more prospects.

Still a credibility issue here until MH gets a good outcome with tangible value for patient investors who've been strung along. It's been promised too many times now needs to deliver, and no blaming the new guys who've been drafted in.

[vish65] 06/1/2019 19:01

ECR's new twin company EMR ( Environmental Metala Recovery pty) enter into another JV for insitu copper recovery project at Moonta in South Australia with Andomeda Metals.

Appears to be same people as at ECR ( Leon Faulkner)

so the question now is : WILL THOR BUY INTO EMR AS THEY HAVE BOUGHT INTO ECR ?. Thor are looking for new opportunities and the ability to transfer the Kapunda model for copper recovery . Its literally on the doorstep to Adelaide which no doubt will suit Mick. So if Andromeda reached agreement on 19th Dec , seems logical to me Thor will agree with EMR anytime soon.

hxxp://www.andromet.com.au/news/asx-announcements/joint-venture-to-progress-in-situ-recovery-of-copper-at-moonta/



hxxp://www.andromet.com.au/projects/moonta

'copper. - gold 'project

Est 110000 t @ 0.20% cu

[bmnsa] 04/1/2019 16:56

Keep on adding to your golden tickets at this price.

[vish65] 21/12/2018 14:13

Based on a 21_day relative strength index it just about to move in to oversold territory. Need to watch the buys now and volume . Some people may take advantage over the xmas period. Myself included

[5chipper] 21/12/2018 13:41

If I didn't have a position already in the red, i would be very tempted to buy today

[paleje] 18/12/2018 08:14

Interesting find thanks Vish, and a relevant RNS out this morning. It's good to hear ECR are actively engaging with locals.

[noirua] 13/12/2018 13:40

Thor may yet surprise though it is sometimes worth looking at directors and major holders. Strengths, weaknesses, waffle and intransigence. A bidder for an interest wants a good deal and therefore at a good discount to real value, not a retail price.
If a find is worth £10 million then £2.5 million for a 50% interest would be a starting point in these markets. Of course it is best to be stacked with cash and hold on to tenements until markets improve - good to have income coming in from other holdings.

[paleje] 13/12/2018 10:08

Video here from Monday, Mick full of the usual nebulous language..in a while...in a little while...bunch of...not too far into New Year...etc etc.



He was positive on one thing though, definitely 600k into the bank from recent warrants so that's salaries and exes sorted for 'a little while' then. Phew!

[lenses] 13/12/2018 09:14

Rns.

Pilot Mountain resource upgrade. Zinc.

L

[bsg] 11/12/2018 19:46

That's all the do I'm afraid, placings.