George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://www.mining.com/web/rare-earth-uranium-miners-benefit-from-ev-mania-and-dash-of-esg/
.....Meanwhile, with supply tightening and ESG demand from investors ramping up, uranium stocks such as Denison Mines Corp. have surged more than 70% this year, compared to 23% gain in Global X Uranium ETF. The stock rose 2% on Wednesday.
“Uranium sector supply/demand balance is the tightest we’ve seen since pre-Fukushima,” said GJL Research analyst Gordon Johnson, referencing to 2011 nuclear catastrophe in Japan.
“When you add to this, uranium stocks are now gaining attention from ESG investors due to their low GHG footprint and quintessential role as a clean energy alternative, we see the set-up for incremental/new Uranium investments as opportune,” Johnson added, referring to greenhouse gas emissions.
The uranium sector could gain even more as some are speculating that large funds are probably slowly increasing their position in the sector, according to Johnson. “If true, this could go on for a long time as they build significant positions ahead of the inevitable price rise in the commodity,” he said.
https://youtu.be/6z_nhaWqijA
Thor is covered in this video and an explanation of in situ mining if anyone was unsure.
I hope this helps
If your only dealing in 5 shares at a time you don't have much to lose, put it back in your piggy bank and really push the boat out when can afford 10.
Yes, I almost bought another £5 worth of shares! Then the price went up a bit and I thought I had missed the gravy train. Now we are back where we started, I am thinking about that £5 and what to do with it1
As it's friday and I'm feeling generous I will even sell mine at a discount....any takers at 1.1p?
HH
34,200 trade volume so far.
We have activity.....trades on Yahoo Finance.
Ignore the previous day 10c price. Seems to be just Day 1 adjustment.
1.7c = 1.21p ? if I am not wrong...
Thor Mining PLC (PK) USOTC:THORF OTCMarkets Common Stock Ordinary GBP0.0001 United Kingdom
Change % Chg Cur Bid Offer High Low Open Volume Chg Time RN NRN
-0.08 -80.0% 0.02 0.01 0.025 0.025 0.02 0.025 21,700 13:44:01
NM
HH
Use the filter, I have. ATB
...I can understand that many lth’s here (myself included) have burned their fingers and feel somewhat bitter, as prior work have yet to monetise...what I struggle with, is why these keep repeat posting on this board trying to knock the sp even further...surely there are better things to do...
THR has lagged behind others.
Another day of rise
Both areas that have been mined/ drilled before, permits not going to be an issue.
Thor about to commence drilling on Uranium / Vanadium deposit in US .
Quit the bull**** ramping Mr P . Its quite clearly as stated not till May dependent on permits.
@Gkb
Thor about to commence drilling on Uranium / Vanadium deposit in USA.
Pilot Mountain is drill ready (if I remember correctly). They looking for JV partner to come on board. For Molyhill (Aus) same, waiting for JV partner. If I remember correctly they had someone interested a year ago but Tungsten prices at the time were low. Fast forward 12 months and all Deposits look extremely attractive in a buoyant market, to get even hotter. Bigger players getting on board now to ride the next Commodities Super Cycle.
Soon you will start calling Mick Billing......to coin your own phrase...."Mick Drilling".....LoL
as they drill the helll out of these very valuable Commodities, hopefully very soon.
you should get your wish fulfilled soon imo.
Stay tuned.
@gkb47 Totally agreed but I hope he is verified and I recover my huge loses here and to be fair somebody can and must change his/her opinion if the underlying facts change
By the way Orion writes on Hot Copper BB also, as Black Cat
Gkb
I know Orion at the time was more focused on just Gold as we know last summer Pilbara was on fire when Gold approached $2100. Thats fine mate. We all make adjustments. Ragged Range is still there. Action there to pick up soon also.
Some guys then started chasing Copper only stocks / names, etc.
I said at that time, THR has build a nice diverse Commodities asset portfolio, which would return Massive value soon as the Commodities Bull market kicks in. THR is well on its way now with ALL key Commodities that are going to go up even further in demand. THR for me is "one stock" to get Upside exposure from Multiple Commodities.
Exposure to US institutions and investors with "near perfect" timing of OTC listing in the US is another superb strategic move by THR and brings it another step closer to attracting some big US players to come on board both Tungsten and Uranium assets in the USA.
Orion
Again Excellent input. You on fire mate ;-)
Both Molyhill and Pilot Mountain should become extremely profitable with strength in Tungsten prices seen recently, with next to nothing priced in current THR share price.
PILOT MOUNTAIN would be snapped up by a US player. So would the URANIUM / VANADIUM deposits in my view.
Interesting timing by B.RILEY Investment Bank to get THR listed in the USA....Hmmm
I was an early investor in $KIS (5c) which has now run to 30c and $104m market cap while yet to secure the remaining funding, although imminent.
While King Island is the highest grade Tungsten mine in the world, the Moly Hill grade is nothing to scoff at, especially when the Molybednum credits are factored in.
The project already has major project status by the NT government. With the new $1.3bn critical minerals fund (where KIS is expected to get 15-20m grant), I see no reason why the same cannot be obtained for Moly Hill. The fund was designed to develop critical minerals projects (of which Tungsten is considered one) in regional/remote areas. Moly Hill will be an excellent job provider for the Alice Springs region.
The Moly Hill Project advanced with DFS completed in 2018 and is low capex (US $43m) with a 12 month development period. Tungsten price is showing incredibly strength at US $460/mtu. The Opex for Moly Hill is US $90/mtu. The DFS project economics from 2018 will have vastly improved at current Tungsten prices.
Pay close attention to the commentary in the half-year accounts and the quarterly. Tungsten has always been Mick Billing's first love and now is the optimal time to see Moly Hill progressed into development and Pilot Mountain funded, which is the largest US Tungsten resource (there are currently no Tungsten mines in the United States).
Tungsten is critical in the manufacturing of protective armour for tanks and combat vehicles in addition to armour-piercing munitions. The United States military cannot depend on China for Tungsten supply nor can NATO affiliated countries.
KIS recently attracted investment from elite European bankers, Swiss/Liechtenstein loyalty, the same can occur for Thor.
THR is well below radar. hopefully that will gradually change soon.
120m Mcap would be very nice indeed. All in good time.
May be they giving us a hint of whats to come ;-)
The mcap has been a running joke for years.
Dyor, but should be multiples of what it is.
Happily holding.