Thor Energy Share Discussion Threads

[noirua] 01/7/2019 09:44

Fine issuing shares to pay fees at 0.8p. However, it does mean there is a need to conserve cash for what is a small sum of £37,500. Future cash raising remains a big negative here.

[paleje] 25/6/2019 09:45

Too many starts here over the years and no finishes.

Anyway keep 'em coming, Mick, they tickle some life into the share price for a while.

[andy] 25/6/2019 08:13

It's a start! :-)

[lyceeuk] 25/6/2019 07:59

7 years to drill 17 holes ????

[chrismultisante] 17/6/2019 11:50

looking gd.

[bmnsa] 14/6/2019 10:56

Gold will do nicely thank you.

[orchestralis] 14/6/2019 10:32

potentially economic levels of gold in the sample.

[prinnytoo] 13/6/2019 06:31

The Board of Thor Mining Plc (“Thor”) (AIM, ASX: THR) refers to the Price Query from ASX dated 13 June 2019 and respond as follows.1.Is THR aware of any information concerning it that has not been announced to themarket which, if known by some in the market, could explain the recent trading in its securities?A.No – to the best of our understanding, the market is fully informed.2.If the answer to question 1 is “no”, is there any other explanation that THR mayhave for the recent trading in its securities?A.The directors of Thor note that the price of THR has recovered portion of the losses of the past 6 months. During that period, the Company has released positive news in respect of each of its core projects: •Molyhil Tungsten & Molybdenum Project (inc Bonya JV)−5 February 2019 – Bonya Tungsten Trench Sampling Assays−1 May 2019 – Bonya Tungsten – Preliminary Drill Results−7 May 2019 – Positive Tungsten & Copper results – Bonya−6 June 2019 – Molyhil – High Grade Bulk Sample•Australian Copper Interests−6 March 2019 – Strategic Development Australian Copper Interests−3 April 2019 – Gold Recovery Kapunda Copper Project•Pilot Mountain Tungsten Project− 11 June 2019 – Successful Met Test Work, Gold – Pilot MountainIt is quite possible that investors, including potential new investors, are noticing and responding to this positive news flow.3.Please confirm that THR is complying with the Listing Rules and, in particular,Listing Rule 3.1.A.We confirm that THR is complying with the Listing Rules and, in particular,Listing Rule 3.1.4.Please confirm that THR’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by itsboard or an officer of THR with delegated authority from the board to respond to ASX on disclosure matters.A.Confirmed.

[noirua] 10/6/2019 13:09

There must be a lot of us looking at the share price for a re-entry point. Entering before a cash raising looks quite high risk for ones cash. The market cap including the Aussie side, which is really the value of the whole set up, looks quite high with average results being presented - not sure today's RNS even makes average though.

Needs US$44 million it seems and only someone that knows more than the average punter is likely to put their hand up.

[bantam175] 10/6/2019 12:10

Ah, gold. That should start the pumpers off.

[lukmanpatel] 10/6/2019 06:12

Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo

[paleje] 07/6/2019 12:10

Back to sleep then until they have proper news to announce on MH or anything else for that matter instead of dangling tidbits.

Admittedly the macro background can't be helping Arden, upon whom the blame will conveniently fall if nothing has been achieved after a year or so, after distancing Mick from the repeated disappointments for which he was responsible (and still is imo).

[vish65] 06/6/2019 20:25

Another 'nothing' RNS today being pumped by johnson and billing. If you look at the prospectus this is exactly in line with previous drill results at Yacht club.

HOWEVER the other lode Sourhern the grades are less than half this . To give the average we already know.

It reinforces what we already know but beyond that there's nothing to see here.

[vish65] 28/5/2019 10:28

Jangada Mines (today)

Sale of leading asset for GBP 4.1m and shares DOWN 30%. Now focussing on vanadium where London financiers are showing more interest.. Totally left field based on recent communication.

Shows 'expect the unexpected' Anything could happen here.

And in Micks case anything includes nothing.

[paleje] 28/5/2019 09:14

Updated sales brochure, sorry I mean presentation, out:-



On Page 23 under the heading of "Next Steps for the commercialisation of these great assets", Mick highlights the following:-

"List Enviro Copper on Recognised Exchange¹
¹Priority for Thor Shareholders"

Sorry Mick but if Moly had been handled successfully you wouldn't need to be scratching around to give shareholders alternative 'priorities' to cling onto.

[carlsagan1] 20/5/2019 11:40

ii have decided to increase fees again, finally time I left them. from june 1st they will charge £9.99 me a month even if I dont trade. yea right!

Any recommendations for a cheaper broker?

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly / yearly / inactivity fees like ii

[paleje] 16/5/2019 09:50

Seems so, it couldn't be yesterday's 'news' causing it. Somebody knows something or thinks they do. Keep going please:)

[lenses] 16/5/2019 09:03

Stirrings?

L.

[noirua] 07/5/2019 11:35

More results today. Most companies, Glencore included, see a cut off grade at 2.5%Cu on new contracts and that is for near surface mining. If results come out for a resource eventually of 4.5%Cu then great. Otherwise in these market conditions everyone stays asleep. The Tungsten results are just about OK in good markets but not now.
Different if the result is 700 metres at 2.8% copper but widths for Thor thus far are narrow and not yet fair game.
Thor on copper needs a width like this result to be considered mildly interesting - by Hole 75 intersection (1918m @ 0.53% CuEq), 288m of which

[geko5trade] 30/4/2019 08:15

Pretty much the conclusion I've come to.

[paleje] 29/4/2019 14:39

Ah but Mick wears more than one hat, Noirua. One says 'Consultancy Fees' another says 'Pension Pot & Perks' another says 'Basic Salary' then there's a much smaller one that says 'shareholders'. Life's tough at the top, decisions decisions.

Money to be made from deals, not from loaning it interest-free to company. Better to get it off shareholders via placing and dilution followed by further erosion.

[noirua] 29/4/2019 12:11

The shares are close to a market cap of £4 million on AIM, of course there is the Aussie quoted shares to add into this. I get the feeling from a cash raising point of view that a clever class of 12-year-old's could have done better. On second thoughts they would not need to be all that clever.

If short of cash do not purchase more assets. The Chairman of Univision UVEL lends his company money at zero interest - Thor directors need to do the same. Set an example and put your cash where your podcast is.