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You can see how much the management believe in this company by the amount of shares they have purchased.
I think they may drop their AIM listing. They've milked the market dry.
I'm trying to be optimistic and thinking why not a JV announcement. Fingers and toes crossed.
I'm surprise by the small drop as it is highly likely to be around a 20% discount at least.
$2,000,000Aus @ 1p is my guess. They don't care anymore.
I wonder how big the discount will be on the raise ?
Trading halt in order to complete a capital raise.
Requested by Thor due to pending news announcement until the 20th Sept.
Thor tweet explaining ISR
https://x.com/ThorEnergyPLC/status/1701860797649993908?s=20
Uranium price makes fresh decade high as forecasts grow (even) rosier
https://www.mining.com/uranium-price-makes-fresh-decade-high-as-forecasts-grow-even-rosier/
ISR for copper does not personally turn me on but if they can also use ISR techniques for Uranium as other companies are trying (DNN) then that makes getting mining permits a lot easier in places like the USA or Sweden.
Work on Push/Pull SELT Test to start late Sept https://twitter.com/ThorEnergyPLC/status/1701761709042487654?t=FuDL11C5eSiUgW56K5hzIg&s=19
A bit of onscreen chemistry there!
More weights than a gym this one!
Interesting technology.....does it work?
Wait and see but not too long hopefully?
Just for info, a CR for $250K was announced here in Australia. Did not see a UK RNS yet. Due around 7th Sept when trading begins again
I gave up on this share a while back so despite holding lots, haven't been following it.
The joy I had the morning when my phone sent me a price alert (I'd left one at 0.75p) turned to disbelief within seconds. Came here to check that disbelief was perfectly justified - a consolidation.
A clever way to decieve more unsuspecting people into this trap.
Lets make it look as if this is not a pennuy stock.
Just when I thought Mick drilling Billing cpould not get any worse, Nicole comes along......
Legalised theft thats what this is
Shamefull
Normally a prelude to a placing.
Have to admit I knew nothing about reverse splits. According to Motley Fool 'a reverse split is usually taken as a sign of trouble by the market, and most of the time it isn't done for a positive reason.'
Now there's a surprise.
As a holder of a modest amount of these shares this is the second time they have consolidated them. Let us hope it is the last time they need to do this.
Very disappointing! I put my money on it that this share ain't going anywhere fast. Like so many of these exploration energy shares most of them turn out to be a dud!
I couple of small trades showing as buys at 1.80. Assume that too is an error or those guys are in for a rude awakening. I wonder how many folks have tried to ditch this today before the penny dropped.