Australian (ASX) Stock Market Forum

THR - Thor Energy

Jump to new
how'd you go laurie - did you get what you wanted? this has been much quieter than other U floats so I don't know if there will be any fireworks when it lists?
 
Yeh holding in BTV gave me priority pick first, going to be interesting float because of it's REE holding and now Uranium anyway .20c worth a punt :D

cheers laurie
 
why would btv sell their uranium site to this company. surely developing itself would be the key to hitting boom town
 
last announcement suggested they are pushing ahead with production, bought equipment etc

today has risen above IPO level for first time
 
hmmmmm another slipping under everyone's radar speeding ticket if it keeps it's journey north at a fast pace :2twocents


cheers laurie
 
Announcement just out regarding their Harts Ridge Uranium project

Rock chip sampling and initial reconaissance has yielded promising results. (including a single sample registering Uranium content of 31.6%)

DYOR

Worth a small punt I believe :) :) :)
 
It was .18c when I first posted here it's now .28c :D someone thinks it's worth definitely a punt I do and have since the IPO :p:

cheers laurie
 
laurie said:
It was .18c when I first posted here it's now .28c :D someone thinks it's worth definitely a punt I do and have since the IPO :p:

cheers laurie
Click to expand...
Well done Laurie, I've been following since you mentioned, but I've been busy watching other things go up and down. Mostly down. :( I better listen to you more in the future. :)
 
Thought that THR would have had a bullish close based on the positive Uranium results - oh well - happy to hold these for a year - the release of the DFS will put a spark under the share price
 
Tungsten, Molybdenum is the cake :D Uranium is the cream :p: with production starting next year so the sp is mostly reflecting the tungsten, molybdenum component of the holding :2twocents

cheers laurie
 
kennas said:
Well done Laurie, I've been following since you mentioned, but I've been busy watching other things go up and down. Mostly down. :( I better listen to you more in the future. :)
Click to expand...

Yeh I dumped some of mine kennas that was holding up capital amazing the amount of entitlements,options,spp that has happen in October---->December :eek:

cheers laurie
 
Share price seems to be stabilising around these levels - the definitive feasability study will be released soon. This will create an obvious focus on the company and drive the share price higher. The market will then realise that THR will be a producer by next December

Will be producing 1 million pounds of MOLY per year + a substantial amount of tungsten

Molybdenum current spot price $24 US

Tungsten $16 US

Minimum 4 year mine life
 
In their latest announcement regarding the Uranium anomaly - it states that the deposit has the potential to host 10 to 20 thousand tonnes of Uranium

In other words - a few billion dollars worth

This, coupled with their other projects is an absolute winner in my opinion

Of course, DYOR :)
 
Announcement out: Thor acquires gravity plant for Molyhill project

Final stage of the Definitive Feasability Study is underway

When the market fully appreciates the significance of this we should see some share appreciation in the short-medium term
 
I was right on the money!

THR went into trading halt today

Definitive Feasability Study will be released any day now

if its a ripper we should see 40c +
 


Write your reply...

Similar threads

R
HMY - Harmony Gold Mining Corp (NYSE)
Replies
2
Views
415
rcw1
R
ducati916
August 2024 DDD
2 3 4
Replies
75
Views
21K
ducati916
ducati916
System
UVA - Uvre Limited
Replies
2
Views
1K
Dona Ferentes
Dona Ferentes
System
1AE - Aurora Energy Metals
2
Replies
20
Views
6K
Santafe
S
ducati916
March 2024 DDD
2 3
Replies
47
Views
6K
ducati916
ducati916
Top