Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Maybe it's God that keeps the pay coming in.
nothing to do with your post....just the title.
why does the share price always go up the day I get paid?
There is no god
Video by one of the top Jnr miner investors (Bottom fishing) How to Find Mining Stock 10-baggers with Expert John Kaiser (1-hr Masterclass) https://www.youtube.com/watch?v=VSxKZwG_IpE
Aren't we here to make money...invest, trade etc????
or, are we here to drown our sorrows, and share the bitterness and misery?
I know which one I want to be and have a pretty good idea which option BSG4 is going for
gl to all...that even includes you bsg4 believe it or not
PC and you don't think, last chance to get under 1p ... ramp, ramp etc, etc. isn't also a broken record?
https://twitter.com/ThorMining/status/1448774288530628616?t=QB1rwHpAi1ncR8PdSSytFw&s=19
Bore off. You're like a broken record. @BSG4
Hi, Burleigh
I'm sure Nicole would be pleased to know that you consider her youngish. According to the RNS of 27th April, she was then aged 53.
More seriously, I agree with you and Naise that having a female CEO in a sector that is almost entirely male is a definite plus point (provided she's competent, of course). I started buying Thor soon after she was appointed, in the belief that the company was changing for the better; and subsequent events (departure of Billing, appointment of Potter as chairman) have made this one of the very few forecasts that I got right.
Best wishes
And more to the point if elected she wants to build several new nuclear reactors. I'm not commenting on her political agenda but that would mean more uranium needed.
https://www.usnews.com/news/world/articles/2021-10-14/frances-le-pen-says-she-will-take-down-wind-turbines-if-she-is-elected
As for a previous comment regarding placing yes I'm sure there will be and most of us are probably aware of this - after all it is the nature of the beast as are a lot of compan ies in AIM. A round of good drilling results and permits for uranium exploration should see the sp up nicely and maybe a placing on the back of that. GLA.
Agreed...gold/copper etc prices only relevant if in production or will be in near term production (within at most a couple of years.)
HH
Burleigh I agree with you. When Nicole stepped into the limelight I double my holding
Burleigh> The attraction of THR- for me - is its spread.
I guess you mean the diversity of the projects, the different locations and metals(?) (and not the bid-offer spread?)
Placing in the wings, I fear.
Hi, Prophet
I think you may mean bsg4. Life's not been so easy for him since 2nd September, when Billing jumped (or was he pushed?). But I'm sure there's plenty of mileage left in warning us about future fund raises.
Best wishes
Where's BGF4 ?
The quality of posts on this billboard is excellent. Long may it last.
Best wishes
Hi, Moody
I think one needs to be in production, to get the correlation.
To be honest, I have never really seen correlation on THR share price and gold or copper. That was the main reason I invested in THR but I have never seen any impact. Maybe its just me or wishful thinking, but it does seem to be a strange world in AIM. Just my opinion of course
Gold and copper prices looking better the last few days. Will gold/copper stocks follow?
I don't know if this has been posted earlier:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02434680-2A1330523?access_token=83ff96335c2d45a094df02a206a39ff4;
There's some more RNSs released, Corporate Governance, Issue of Securities, nothing price sensitive:
https://www2.asx.com.au/markets/company/thr
snooz - many thanks for clarifying that. I think it's a fair value incentive especially better than just awarding cash from the bottom line. Roll on results in coming weeks / months. I quite like the word production being used by Nicole in the presentation for 2023 but not sure I've heard this before with THOR under previous management. GLA.
At the risk of continuing a topic (the topic of 1.3p) where I sense people are getting tired. Some observations:
- 36m (not 20m) options at 1.3p : https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02434661-2A1330512?access_token=83ff96335c2d45a094df02a206a39ff4
- LSE says 52wk high was 1.4: https://www.londonstockexchange.com/stock/THR/thor-mining-plc/company-page
(That might be the highest LSE order book best offer rather than what was actually traded at though)
And some opinions (mine):
- The number of warrants and their exercise level of 1.3 seems very reasonable, it strikes a good balance between cost and providing incentive.
- Issuing OTM options/warrants to directors is an effective incentive.
- 1.3 is an indication they they have confidence of growing the price above that. These aren't binary options... the value is linear with price above 1.3p - i.e. directors won't be putting their feet up when 1.3001p is reached.
- The diversity of projects, activity, means lots of scope for good-news stories which could attract new buyers and move the price considerably.
- I do like to hear differences of opinion as ultimately price discovery is about the balance of opinions.
If the new Thor team can uncover something at Ragged Range the share price will run hard imho.
GLTA
Directors have to be incentivised to do the work otherwise why should they bother? Lol!
So they have forward options at 1.3p/share whilst the current value is over 40% below that (So a minimum of OVER 40% upside from here, that is the only way to look at this) - how can anyone see this as a negative (an incentive yes) but a negative NO.