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"I think everyone who went out at 0.79 trickling back in on hope of RNS tomorrow"
Hello RoronoaZoro. You are making it sound like a whole bunch of people.
I think that at most 2 people went out at 0.78 or above (for about gbp 3k between them). Contrariwise, approximately 4 people came in at that level (for about gbp 6k between them).
The largest non-trivial trade was for gbp 11k at just under 0.77 and it's not clear if this was a buy or a sell.
Sir,
I just want the 'Rewards'.....not awards. LOL
This was +4p just 2 years ago. Since then the commodities cycle has turned and now entering new Bull super cycle.
THR with one of lowest MCAP £9m is perfectly poised to outperform its peers with some fantastic assets with multi-commodity exposure in USA and AUS.
Entry under 1p is absolute NO Brainer in my view. Lot of upside for everyone.
Agree. Sooner we take out 0.79 the sooner we get to 1p.
2p would come lot quicker. It's always the first target that takes 2-3 attempts. We already had 2 attempts here and I think this time we should do it.
Tbh I think everyone who went out at 0.79 trickling back in on hope of RNS tomorrow morning or Friday, wouldn't be surprised if we got .79 before RNS
Every day we watch different stocks doing +150- 200% rises daily.
Our day is coming folks. Early entry gives you Lions share
100% should take this straight to 1.40p
200% would lift this to straight to 2.10p
Mannan they will come once SP rises. The one who was complaining it was getting a placing soon has disappeared
De rampers will arrive once we over +1p.
We already ordered refreshments for them.....LoL
6,635 per tonne
Kapunda & Moonta deposits got 234,000 Tonnes Copper.
Waiting to find out how much GOLD we sitting on.
No derampers means nobody interested
Cheers. Just the beginning here. Been long time coming.
Even at 2p MCAP here would only be 25m coz of low number of shares in issue.
With momentum building and getting stronger each day, will not be surprised if this is over 5p by year end.
Lot of upside for everybody. Relative Upside at THR far greater from current £9m MCap vs peers.
This is about to break out to the upside. Rise could be parabolic.
1p is inevitable. 2p should come even quicker once we cross above 1p.
Done the research for each project, one by one and I am very impressed with the quality and geographical locations of these deposits THR has acquired over past 10 years. Happy to share here all info that is already in public domain.
It's like the buses....you keep waiting n waiting. Then Boom 4 buses come along one after another. THR about to get busy on multiple projects in coming weeks.
Each to their own decision.
Yep, ditto all the comments this morning.
52 week high of .79p needs to be broken first with some decent volume behind it and then fingers crossed its a 1p here we come !!
MP - you put in plenty of work last night, good summary updates of where Thor at at.
Good push up on the SP so far this morning, let's hope it holds and we can get an RNS on the assay results, in next few days, to break it through that 1p barrier
results due anytime.
"Visible gold Gold mineralisation from multiple locations".
GK,
Good post sir.
Think your 7p target might bit a bit conservative.
Just at Kapunda Gold & Copper would translate well over 20p a share in my view with Gold as FREE carry.
Gold ounces from Kapunda would be FREE carry with ZERO extraction cost as it will simply be extracted from the Copper solution using Solvent extraction method.
This is truly MASSIVE...
Market has NOT even caught on to this yet.
Few 100,000 ounces of Gold extracted and sold @ $2,000 spot Gold price would be worth millions of $$$.
100,000 @ $2000 per oz = US$ 200 Million
200,000 @ $2000 = US$ 400 Million
300 000 @ $2000 = US$ 600 Million
Above is just for the GOLD from Kapunda deposit.
1. Molyhil (100%) – Tungsten and Copper
• Molyhil granted ‘Major’ project status by Northern Territory Australia Govt.
• Ongoing discussions with interested parties for project finance & Off-take partners
• Regulatory approvals already in place
• All ground work already done and ready to go.
2. Bonya (40%) – Tungsten and Copper
The project is held in joint venture between Arafura (60%) and Thor (40%) with Thor acting as manager.
White Violet - Inferred Resources of 495,000 tonnes
Samarkand - Inferred Resources of 245,000 tonnes
• Both deposits outcrop and remain open at depth, while Samarkand, in particular, shows potential for strike extension to the copper mineralisation.
• Option to acquire 100% interest from American Vanadium Pty Ltd.
• Due diligence completed
• Very high grade Uranium & Vanadium
• More recently Vanadium has developed a significant market in battery applications with vanadium redox flow batteries used to store and release large amounts of energy.
• American Vanadium Pty Ltd has 100% interests in 199 contiguous claims in the Uravan Mineral Belt in south western Colorado, and 100 claims in south eastern Utah approximately 40km north of the town of Moab.
• Ongoing discussions with various US parties to secure investment to advance project.
• Pilot Mountain tungsten project in Nevada USA, hosts the largest reported tungsten resource in the USA - a country which has defined tungsten as a critical mineral, but has zero domestic production.
• Ongoing discussions with various US parties to come on board as a ‘Strategic Partner’.
• 120,000 Tonnes of Copper and several 100,000 ounces of Gold
• Low cost of production
• Successful technical feasibility done for Copper production
• Govt. Cash grant of up to A$3.0m being used to advance Kapunda
• Highly promising gold values, including 95metres @ 3.06g/t
• Copper values higher than expected for the area, as it is off the existing mine site and gold assays confirmed the presence of gold in the system.
• 1/3 of all holes drilled for Copper found Gold in them.
• Solvent solution method for Copper, also extracts Gold as part of the process at ZERO cost
'Moonta deposit' has additional +114,000 Tonnes of Copper.
It will be interesting to see if there's any news from down under later tonight. The stock suddenly jumped from 12.30pm this afternoon and at one point was up 25% on the day on a few big buys after having a very quiet Tuesday morning.
All looking good, lets see what happens in the morning.
Re next funding block to arrive, I would expect the 1.3p warrants to get exercised long before THR shows any sign of running low on funds.
At around 1.6 to 2p some 73m warrants would raise approx £1m for an 8ish% dilution.
I see that as far more probable than any revist to a 0.2p placing as touted on another channel.
Commods, miners and in a more geared sense explorers will just keep rising in this covid driven and desperate reflation money wall unfolding. That will only end when higher interest rates finally have to happen to forstall the necessasary real inflation required to reduce real debt. Something not seen now for ten years plus and something a good few years over the horizon from here. Before then assetts can only balloon.
THR target 7p.
GLA.
GK.
Assey results due... maybe tomorrow?