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AM, the American Uranium assets have not been sold. I imagine that this will end up being developed through a JV. I presume MP will look to strengthen his team with a strong NED shortly. As Artemis has a large direct investment in THR it might be someone from THR? Speculation on my part!
for the 1p plus room. if we can maintain a strong fight through this sp range (.9 - .95) we could shoot up fairly quickly and see the penny again.
hold tight fellow hammer holders, gl all
093 paid
Taken more too. Will be interesting this pm when US opens.
Anyone have a view to share on relative share price v ASX @ 1.9c ? Thanks if you can help.
Getting some attention on Twitter re Uranium assets. Company needs to get some info out imho many think Uranium asset was sold ! I do my best to correct ....
Nice one, this news should give us the golden cross we've been waiting for!
well done all who spotted this appointment over the last few days.
Up @ 87
We are in safe hands now. Pick up sub 1p whilst you still can! Share price won't stay at these low levels for much longer IMHO.
now 84
12% on open.
80 paid at the off
tf1, I thought something was on the cards. ATB
Great newsl Looks like they are putting a formidable team together. Onwards and upwards!
Morning Pal
Well that appointment is a big surprise to me !! Didn’t see that coming, did you ?
I have been getting my average down since Nicole took over. Hopefully this will start to move now. ATB
This is the RNS i have been waiting for, Mark Potter is one of them guys who can turn a company around and the ASX market is showing that the share holders approve, hopefully we have more news to come this week.
Thanks for this. Did you notice the 26% sp leap in Oz?
Now I stalled as Non Exec Chairman. Thor up 26% in Oz. They must like it.
BOARD CHANGE
The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) advise that
Mark Potter, current Non-Executive Director, has been appointed Non-Executive
Chairman with immediate effect.
Mark Potter was appointed as a Non-Executive Director of Thor on 27 August 2019.
Mark is Chief Investment Officer and Director of Metal Tiger Plc (AIM:MTR) and Non-
Executive Chairman of Artemis Resources Ltd (ASX:ARV). He was formerly a Director
and Chief Investment Officer of Anglo Pacific Group. Prior to Anglo Pacific, Mark was
a founding member and Investment Principal for Audley Capital Advisors LLP, a
London based hedge fund, where he was responsible for managing all natural
resources investments.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
“Mark has been a Director on the Thor Board since August 2019 and has provided
great support in commercial aspects of the resources industry and I look forward to
working with him closely as we continue to build an exciting future for Thor.”
Uranium spot price now $42.0 lb shooting up fast
The difference between now and the last few years (SPROT ASSET MANAGEMENT) has hit the market 3 weeks ago
and has already bought over 2 million lbs of uranium and put into storage.
Not be long before the utilities start panicking.
I think the uranium project will be put on the back burner until the spot price gets to a tempting $50 lb,
Essential that Thor keeps the American investor interested.
My guess is that the US uranium/vanadium project will be sold (like Pilot Mountain), in order to finance the development of the Australian projects. We need to look at it from the viewpoint of Nicole and the new exploration manager, Wittwer. They're both Australian, and want to manage projects, which they can visit and inspect easily, and which belong to their home country. Who can blame them?