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POW is on the move. Should see us through to the start of copper production in 2024.
Thanks for doing the maths, Herne. If POW takes off (which seems to me quite likely), we'll be shielded from further fund raising for some time to come.
Many of us hold both, I think.
Now worth £613,516.23 from £445,000 as of time of last quarterly report.
New to this site but not new to the share.
Just saying hello :)
Think 2.5p was the strike price Imp. POW moving in the right direction :-).
I see Power Metal is having a good day. If that comes up to 2p in the near future, that will help Thor's financial position.
https://twitter.com/EnviroCopper/status/1559376828816674817?t=B30hMCkH5BxnCrl1jpDf7A&s=19
“There are 900 copper occurrences in South Australia, many amenable to the ISR process. EnviroCopper is looking at just four of these occurrences with South Australia, amounting to potentially 2.5MtCu,” EnviroCopper Managing Director and Geologist Leon Faulkner stated.
I personally consider the news I read as good, especially given there has been a pandemic to deal with. Too easy to forget that was going on
'No better than Mick really.'
Behave progress has been made and the direction we are heading clearly visible and the goals we are targeting.
Mick had done a great job but maybe we needed a new face to progress in which we got with Nicole.
Things are now happening and we are awaiting results, this is what it is all about.
Don't be to hasty, OZ getting involved is damned good news !
yawn. told us nothing new. need a new CEO here I feel. SP has tanked since she got involved. No better than Mick really.
Incredible how the SP seems to tank rather than rise on supposed good news. Since the Oz announcement it's gone from 0.525 to 0.475. Maybe folks are just so fed up of the can being kicked down the road they just sell on any reasonable uptick.
Good to listen to this, fingers crossed something comes to fruition, patience being the operative word right now.
Latest Thor tweet. On OZ Minerals
https://twitter.com/ThorMining/status/1557154782447558658?t=cMRzsokSImTfq8G8PzbKrw&s=19
https://www.mining.com/web/bhp-likely-to-raise-bid-for-strategically-sensible-target-oz-analysts/
Yep, I think BHP made a cheeky offer for Oz. Oz knows the current low price of copper isn't going to last.
As Diadulus said, Oz would not invest unless they saw potential. The other contribution they will make, apart from the money, is the experts who will help evaluate the ISR research.
Am looking forward to Thor getting out of the doldrums.
Well companies don't invest that kinda money into another companies ventures unless they see profit in it and given OZ has just turned down a 5.8B buyout offer from BHP makes it even more interesting.
Hi, everyone
Yes, it's good news. "IP" in the RNS stands for "intellectual property." If we can get some revenue from copper production by 2024 (which is Nicole's target date), that will free us from this tedious cycle of fund raises, which has kept the share price so low (and BSG happy), for so long.
All the 0.52’s would appear to be buys
Agreed DCGC.Just bought 1.9m at around 0.52p
The 0.52 trades are buys, mine included.
and yet holders still sell the news. V frustrating!
We are also earning an 80% interest in Alford East which could also be of interest to OZ once this method of copper and gold extraction is proven. OZ is a $4.5billion company and should know what they are doing so I agree this is great news and at 0.52p to buy looks good value.