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...and then repeat..
Cool Scorpio you can buy then
Cash will all be gone by April/ May. Then its time for dirt cheap warrants to add dilution
Congrats Scorpio2 we'll see in a years time where this stock price is. It's dirt cheap now. Either take a risk or don't your choice.
if you listen to the Paydirt interview 21/9 and todays interview you'll hear Billing has again been way out with his timescales , overstating what will be achieved and when, and then failing miserably. . He said Kapunda would be drilled in "2 weeks" back in Sep and now its late Jan . Ragged range is equally pushing back , as is the Uranium. . The reasons for delay may be clear but if you accept what Billings says your a mug . His track record goes before him. Overstates and under achieves
Thanks for that interview. It was very clear about Thor current plan and confirmed £1.2m not yet spent fully. This talk of an imminent placing is false
hernethehunter I see your link to Enviro and you've heard the interview with Thor (12:28 into the interview...) I'd say both would be correct but it's all in the context, the interview does give context. The interview is on record and no way would someone in that position go on record and lie or mislead (the ramifications far out-way any potential short term benefit, given the timescale expressed.) If anything I'd "assume" Enviro's tweet relates to full scale commercialisation at Kapunda using ISR, hence the interview reference to it being fully externally funded at this stage.
All permits are pending and not go as yet.
Asked the question, here's the answer. https://twitter.com/EnviroCopper/status/1340715165495435264?s=19
Apparently investors do not need to worry about more financing drives, for a while - but that part is at the end and its aimed directly towards a lot of investors, self included, concerns about near term fund raising (definitely worth listening all the way through, seriously covers so many things.)
As for Kapunda they are waiting on the driller, apparently they are in short supply, as all permits are a go and "expecting" to begin late January. Big difference between that and earlier post stating Q3 - Q4.
Such pessimism, none listen to the live stream today Thor Mining CEO Mick Billing Interview from stockBox (so Feb/March drilling on the gold in first part rest covers other sites). https://www.youtube.com/watch?v=WwiS6Bqd7kE
Kapunda news will be around Q3-Q4 next year.
RZ121 I'm no troll. I'm just pointing out the other side of this investment. Other newbies need to be aware that this is at the moment a terrible investment, with Mick at the helm. Look at the placing history. Normally all done at rock bottom prices. No decent assets. Yet year after year the rose tinted spectacle brigade appear after a massive slump in share price saying look at the low market cap. Pump, pump, pump. The reason it's low is they have diddly squat but Mick still survives. Hopefully people DTOR. It's a massive gamble this one. AIMHO.
Copperman , if you did your resesrch you 'd know Kapunda stage 3 recovery trials are due for completion end of Dec.. How do you think they will fund this through to development and drill the recently acquired tenements in early 2021 ?
Worse thing the trolls are growing in numbers
These posts are such nonsense. Do you really think THR is raising money Christmas week?
Seriously guys you all need to go back to school!
Pretty clear they are trying to raise funds and MTR are no longer interested as they were the ones pushing to get the Spring Hill royalty sold .
Why are they raising ?
To take Kapunda through DFS to development
Drill Alford East. ( moonta)
Drill Alford West
Drill Pilbara Goldfields tenement extensions for copper
The price will continue to drop until they can fill book.
Thanks Bsg. Its was only because I looked at your posting history, that I decided to take a punt on Rambler Metals a few days ago and I have just taken a quick 20% gain for Xmas....nice Thanks have a good Xmas
Trouble is the gold results at best were average. That's been the story at THR. Just good enough to keep drilling.
Nothing has come of it yet. May be that's what MTR think as well.
"Patient man ride donkey"
Buy more if you can afford to........ DYOR.
Happy Christmas all, and a very prosperous New year.
GLA :)
https://www.youtube.com/watch?v=5A34Mq5jeiM
Mikes on less than you bsg4, You've been here yonks you must be getting paid well. Great.
Mick will be OK though, he'll be able to get paid and drill 'til he retires. IMO.
Next placing 0.4p I reckon.
my guess is that nothing will fly until bsg4 and his gang have sold this down for their best CFD gain. then they will fly it back up for their next take.gla