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Ariana forecast 47% rise in Kiziltepe gold production


Thor Mining Share Chat (THR)



Share Price: 2.50Bid: 2.25Ask: 2.75Change: 0.00 (0.00%)No Movement on Thor Mining
Spread: 0.50Spread as %: 22.22%Open: 2.50High: 2.50Low: 2.50Yesterday’s Close: 2.50


Share Discussion for Thor Mining


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V2020
Posts: 426
Off Topic
Opinion:No Opinion
Price:2.50
RE: who is selling at 2.35p
Today 08:28
I do sometimes wonder if very small trades get used to flip the price line on a candle especially if spread is big.
 
legache
Posts: 495
Off Topic
Opinion:No Opinion
Price:2.50
RE: who is selling at 2.35p
Today 08:21
Didn't see the value.
SeanO1
Posts: 63
Off Topic
Opinion:No Opinion
Price:2.50
THR
Thu 17:25
Now thinking this one could be more of a long play....
V2020
Posts: 426
Off Topic
Opinion:No Opinion
Price:2.50
RE: who is selling at 2.35p
Thu 14:38
Tiny trade
legache
Posts: 495
Off Topic
Opinion:No Opinion
Price:2.50
who is selling at 2.35p
Thu 14:25
You'd have to be mad!
Norber
Posts: 6
Off Topic
Opinion:No Opinion
Price:2.50
Interesting
Thu 12:06
Thor Mining all clear to proceed with Bonya Creek acquisitions

Thor Mining PLC (LON:THR) is to proceed with the previously announced acquisition of more acreage in Australia's Northern Territory.

As previously announced, Thor was set to buy 40% of exploration licence EL29701, which hosts 13 outcropping tungsten deposits and a copper deposit, and this deal will now go ahead after the owner of the remaining 60% stake declined to match Thor's offer for a minority stake

Also as previously announced, Thor will buy all 100% of the copper play, EL29599.

The total consideration for the two deals is A$550,000, to be satisfied through the issue of Thor shares.

"This latest news on the Bonya acquisition is great news for the Molyhil development, and for Thor investors. The proximity of the Bonya deposits to Molyhil, and the potential to boost both scale and operating life should add significantly to the projected economic returns," said Mick Billing, the executive chairman of Thor.

"Historic drilling and trenching has confirmed tungsten mineralisation on several deposits at Bonya; however, there has been no tungsten focussed exploration on the tenement in over 35 years. Provided some of these known prospects mature, along with others which we expect to develop, it is more than likely that Molyhil production life and throughput volume should increase substantially," Billing suggested.

"The potential for small but high grade copper deposits is also very attractive with the proposed processing plant at Molyhil highly likely to be also suitable for copper flotation," he concluded.

Shares in Thor were up 5.3% at 2.5p.
MrBasse
Posts: 172
Off Topic
Opinion:No Opinion
Price:2.50
Onwards and upwards
Thu 09:38
Progressing to plan. Very encouraging. Silly current price level. Should rerate
GaiasKidney
Posts: 3,169
Off Topic
Opinion:No Opinion
Price:2.50
RE: ASX RNS
Thu 09:24
Some copper there.

GK.
Rolin
Posts: 21
Off Topic
Opinion:No Opinion
Price:2.375
ASX RNS
Thu 07:30
Looks like the Molyhil expansion plan is underway
YorkshireLife
Posts: 464
Off Topic
Opinion:No Opinion
Price:2.375
RE: Short Termers
Wed 17:28
Not necessarily... existing holders (like myself) like to top up too... but the MM's are hardly making the SP look attractive at any price when they insist on such a large spread... especially when they use it to spike buyers at every given opportunity.

The reason the SP is so slow to move is down to the spread IMHO... even Paul Johnson tweeted his frustration about it earlier this year... and yet so far no improvement as far as I can tell.

I would like this share to realise its true potential like any investor here, but that cavernous spread is a deterrent to existing and new investors alike.




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