Thor Energy Share Discussion Threads

[uknighted] 06/5/2021 06:23

RNS Investor Presentation.

[bdbiometric] 04/5/2021 22:12

Stay away from this company. Invested since 2012 and lost everything (20k plus). Haven't seen any digging/mining whatsoever.

[oakville] 30/4/2021 06:09

A lot to digest here. Off to see what the experts say.

[uknighted] 20/4/2021 06:31

RNS

THOR MINING PLC

MANAGING DIRECTOR APPOINTMENT

The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the appointment of Ms Nicole Galloway Warland, previously Exploration Manager, to the Board position of Managing Director with immediate effect.

Chairman, Mick Billing will relinquish the role of Chief Executive Officer, remaining as Executive Chairman.

Ms Galloway Warland, who graduated from the University of Technology, Sydney with a BSc (Hons) Applied Geology, has had a career spanning more than 25 years in the mining & exploration industry, working across a broad range of jurisdictions and geological provinces in Australia, Eastern Europe, and South America.

Her experience spans from grassroots exploration through to project evaluation, and both open cut and underground mining. Her commodity focus to date has principally been on gold, copper-gold, base metals, nickel, uranium, and lithium.

Nicole is an active member of the geological fraternity, with a Directorship on the Federal Council of the Australian Institute of Geoscientists (AIG) and Chairs the annual South Australian Exploration and Mining Conference (SAEMC). She is a Fellow of the Gemmology Association of Australia ("GAA") and has a diploma in Gemmology from the GAA.

[theblackbaron] 08/4/2021 07:31

It’s all about the uranium next to energy fuels drilling in May

[uknighted] 08/4/2021 06:33

THOR MINING PLC

MOLYHIL PROJECT

Mineral Resource Estimate Updated

The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR, OTCQB: THORF), the diversified resource company, are pleased to provide an update to the Mineral Resource Estimate of its 100% owned critical minerals tungsten asset, the Molyhil Project ("Molyhil"), in the Northern Territory of Australia.

Highlights:

-- The Molyhil Mineral Resource Estimate now comprises Measured, Indicated, and Inferred Mineral Resources totalling 4.4 million tonnes at 0.27% WO(3) (Tungsten trioxide), 0.10% Mo (Molybdenum), 0.05% Cu (Copper) and 17.75% Fe (Iron) using a 0.07% WO(3) cut-off (Table A).

-- New Measured classification in the upper portion of the Southern Lode

-- Concurrent 3D geological modelling identifies priority drill targets to increase resource.

-- New exploration targets identified near the existing resource.

-- July 2020 - the Northern Territory government announced that the Molyhil Project had been awarded Major Project Status

-- Next Steps: Geotechnical drilling for pit wall optimisation, ore sorting review, and drill testing of priority resource and regional targets.

-- Continued discussions with potential financiers and joint venture partners to advance the project

Mick Billing, Executive Chairman of Thor Mining, commented:

"This revised Mineral Resource Estimate using Support Matrix Kriging has generated a more robust resource with the upper portion of the Southern Lode now classified as Measured, the minimum standard required by many project financiers.

"The Thor team is encouraged by the 3D geological model and the drill targets it has generated. With the steady recovery of the tungsten price, the testing of these targets, in conjunction with the proposed geotechnical drilling and ore sorting review, are anticipated to significantly enhance the economic outcomes of the Project.

"Global commodity pricing for both tungsten and molybdenum have shown encouraging improvement since recent lows during the period of August to November 2020 and, with post-Covid-19 global growth recovery and increased global infrastructure spending, Thor's Directors expect this to continue."

[uknighted] 18/3/2021 07:47

RNS

“ Mick Billing, Executive Chairman of Thor Mining, commented:

"With uranium prices at current levels, we are pleased to be in a position to commence drilling at our Colorado uranium-vanadium project once permitting is complete. Based on the historic mining in the region and our due diligence, we are excited to be testing this prospective area which is known to host high-grade uranium deposits.

"In particular, Section 23 appears to have not been drill tested by previous mining companies despite the geological setting which appears very similar to that of the nearby historical high-grade production areas, hopefully providing Thor with a potential opportunity to make a significant new discovery.

"Thor is led by a management and technical team with proven uranium credentials, working closely with our US team.

"We look forward to updating investors on the progress of this project in due course."

[theblackbaron] 11/3/2021 08:45

Looks like the last bit of MTR flush and then up

[gordan ghetto] 08/3/2021 13:29

ANA is the best UK cannabis stock

Share price 1.1p
Only £6.4m mkt cap

Fastest growing sector worldwide
Will have first mover advantage in UK
Same growers as GW Pharma
4 biggest shareholders hold over 50%
BOD own 30%
Massively undervalued (£6.4m mkt cap)
Near term multi bagger on license approval
Partners with leading prof , scientists etc
Primed for a RTO/ main listing (price driver)
Under the radar (most chased MXC,CBX)
Looking to bring a product to market
Off take agreement in place already
Will be producing 200 TONS per year
(200,000 kilos)
Has the most land out of every cannabis co
Fully funded for phase 1
UK medical cannabis growing 20% month
Only 584m shares in issue
Hardly any available in open market
Will apply for a commercial license too

Worth getting in on the ground floor imho.

[johncasey] 07/3/2021 09:06

thor has alot of nickel..fireworks monday

Tesla partners with nickel mine amid shortage fears
Published2 days ago
Share
Goro mine in New Caledonia.
IMAGE COPYRIGHTGETTY IMAGES
image captionGoro mine in New Caledonia.
Tesla has decided to become a technical partner in a nickel mine - which is needed for lithium-ion batteries that power electric cars.

Elon Musk's car firm will also buy nickel from the Goro mine on the small Pacific island of New Caledonia to secure its long-term supply.

The move comes amid growing concerns about future supplies of nickel.

New Caledonia is the world's fourth largest nickel producer, which has seen a 26% rally in prices in the past year.

"Nickel is our biggest concern for scaling lithium-ion cell production," Musk said on Twitter last month.

[theblackbaron] 06/3/2021 18:24

Speculation thr also going to float in US one thing it don’t need more loot I heard drilling happening May in Uranium hot spot and uranium stocks are hot baring in mind thr the only uranium stock of a limited few drilling this year and the spot price moving up I think excitement about to happen

[theblackbaron] 06/3/2021 18:23

Transformational Drilling uranium soon near term should get some copper and gold updates

[lyceeuk] 05/3/2021 16:16

hm empty heads have ECHO'S

[knowing] 05/3/2021 13:13

Echo only took approx 5 1/2 hours

[lyceeuk] 05/3/2021 13:11

new Joint broker & Nomad.looks like the trough needs refilling

[gimmetheloot] 05/3/2021 07:40

Joint broker & Nomad RNS, looks like a placing coming.

[milliecusto] 03/3/2021 22:30

Just a Gravy train for the Bod

[pr0t0n] 26/2/2021 09:07

Coffee with Samso Episode 71 is with Mick Billing, Executive Chairman and Nicole Galloway Warland, Exploration Manager - Thor Mining Plc (ASX: THR)

[theblackbaron] 08/2/2021 12:31

Bumping on the bottom soon

[darkside5] 02/2/2021 11:33

Thought someone must have been buying to offset metal tiger sales to keep share price at this level. Hopefully a positive sign!

[the deacon] 19/1/2021 13:06

If they're having to issue warrants to entice punters in this market then they must really be struggling.

[goforgold1] 19/1/2021 10:09

Wow this still going unbelievable. Must be billions of shared and warrants out there.

[bsg] 19/1/2021 08:25

They also placed 1.2Billion shares @ 0.0025p in 2015? and have had a consolidation since then. Down nearly 99% since 10years ago.

[robertjbeck] 19/1/2021 07:56

Thor - Jedi Master of placings. I was invested in Thor in 2010 when they did a placing at 0.7p to progress an array of projects. They had around 500 mil shares following the placing. So today we have a placing at 0.85p to progress an array of projects but the share base now is 1.5 bil shares. An amazing journey of dilution. Hope they manage to bring at least one project to cash generation.