The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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No chance, on the options. IMO. They'll just award themselves more at a lower price.
Agreed MisterPositive. I certainly would have thought over 2p by Christmas too. Time will tell
That is about 3 x times current price.
I expect THR to be lot higher than just 3.56p in next 6 months
Mick Billing got 4.5 Million options @ 3.5625 pence Exercise price that expire on 7 June 2021 (in about 7 months).
Was going through Directors interest after their recent subscription and allocation.
Surely Mick expecting a much higher price above 3.5625 pence in coming months for those 4.5 Million options to be exercised.
Gold Potential
In addition to the Kapunda copper resource estimate, there is substantial gold potential at Kapunda with approximately one third of the historic drill holes successfully assayed for gold mineralisation.
Best results include:
95.1metres @ 3.06g/t from 2.4 metres:
A composite sample from 5 holes averaging 3.68g/t over an average of 32.9metres, to a maximum depth of 54.9 metres.
Now that's research its all in the RNS.
In fact, A$400,000 is only the initial payment. There will be production milestone payments too:
Initial payment of A$400,000, comprising A$50,000 immediate payment, followed by A$350,000 on completion, including FIRB approval,
-- First production milestone payment of A$300,000 upon cumulative sales reaching 25,000 ounces of gold,
-- Second production milestone payment of A$300,000 upon cumulative sales reaching 50,000 ounces of gold.
Therefore, if THOR has only received the A$50,000 immediate payment then there will A$950,000 to come yet(350,000+300,000+300,000)...lol
Yes. Payment should arrive anytime. They quoted 3 months back in July.
News is still in play from July, Thr will get $350,000 after FIRB approval. Must be getting close,
Initial payment of A$400,000, comprising A$50,000 immediate payment, followed by A$350,000 on completion, including FIRB approval,
Yes. Realised later they sold it for A$1m.
Don't think THR has received any payments yet other than just the initial $50k ?
Spelled your name* wrong..
Sorry broad, spelled your wrong, my apologies...
Hey board, that's from July, not news any more....lol
There is Spring Hill gold royalty income to come, sold
https://uk.advfn.com/stock-market/london/thor-mining-THR/share-news/Thor-Mining-PLC-Spring-Hill-Royalty-Sale/82847367
So, the lock down fear was overrated then. The main markets were up three days in a row but tomorrow probably will be another day, another situation...lol
Good day all around here. 9 blue out of 11 held.
Oh and Thor will be massive in a few years.
Not really, in fact 11 out of my 12 shares, even Ted Baker were up today except Lloyds Bank, grrrrrr.....
My only blue share today - I suppose it would have been the same for you all as well???!!!
Still smiling : )
1.20p finish, yay!!
Yes Mr P and RoronoaZoro, you both are right. The sky is the limit here, onwards and upwards!!!
MrP your right
Exciting times ahead for this one, looking forward to our big rerate once the gold figures are released!
Would be great if week by week we get further RNS updates as to state of play and a few results
Ragged Range Gold deposit could also turn out to be lot bigger than originally thought. Sampling results so far have already exceeded expectations.
Also Copper estimates from Kapunda & Moonta could be as high as +1 Million tonnes "contained" copper. Moonta is expected to be even bigger than Kapunda.
Without even including GOLD estimates from above 2.
1.20p is nothing given where this could be sitting at in future. Paladin Energy went from 1p to over $8 a share hitting $4.5B Mcap on previous Uranium price boom. Who would have thought that? I surely missed that one but legendary Rick Rule of SPROTT Asset management made a bundle on that one.
Someone just paid 1.20p.....
I think the current actual bid and ask prices are 1.14p and 1.18p. it's getting better and better, slowly but steadily and solidly....
There is Spring Hill gold royalty income to come to THR from Trident royalties also @ $14 / oz if price of Gold is above A$1500...Gold price been way up at A$2676 / oz.
Spring Hill resource at 355,000 oz of contained Gold.
Further upside to 734,000 oz supported by mineralisation open at depth and along strike.