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3.1c - 3.2c down under. Wassat 1.65 here ?
A feast of links from Thor & Alligator Energy. Hopefully the news should start to move the sp in the right direction.
https://x.com/ThorEnergyPLC/status/1736567022752776544?s=20
https://x.com/ThorEnergyPLC/status/1736521344026652928?s=20
https://x.com/proactive_au/status/1736580558476513350?s=20
https://x.com/AlligatorEnergy/status/1736534281378525384?s=20
Nicole Galloway Warland, Managing Director of Thor Energy, commented:
"The consolidation of EL 5984 allows ECL to actively pursue In-Situ Recovery copper investigations at the Alford West Project area whilst considering new discoveries across the tenement. Thor looks forward to ECL expanding its exploration options for ISR of copper, as well as advancing site investigations at the Alford West Project.
"As the Alford Copper Belt extends through both Thor's Alford East project, and the Alford West area, all investigative activities are a positive advancement to the In-Situ Recovery assessment of the area."
Agreement Highlights:
§ Consolidation of the Alford West Joint Venture ("JV") (In-Situ Recovery JV) and other ISR amenable targets within Exploration Licence 5984 with 100% of the ownership transferring to ECL.
§ Andromeda is to receive 5% of the current ECL capitalisation (203,008 shares), plus A$50,000 in cash.
§ Andromeda will also receive deferred consideration as a 10% share of any successful mining operations 'Royalty Tenement Operating Cashflow' on the Alford West Project area (not exceeding A$15m) and Moonta Project area (not exceeding A$15m).
§ Upon successful completion of a Site Environmental Lixiviant Test ("SELT"), Andromeda will be issued a further 2.5% of ECL capitalisation (101,504 shares).
§ Once a mining lease is granted, Andromeda will receive a further cash payment of A$150,000 with royalty payments from operating cash flow.
§ Thor currently holds 30% equity in ECL, with the initial 5% payment to Andromeda diluting Thor to 28.6%.
Can't sleep . 3.10c / 3.20c . Let's see if London likes it aswell.
Going crazy trading at 3.0c ! GLA
Am home now. Think that's an old one buddy from september.
https://wcsecure.weblink.com.au/pdf/THR/02755054.pdf
https://wcsecure.weblink.com.au/pdf/THR/02754993.pdf
https://wcsecure.weblink.com.au/pdf/THR/02754967.pdf
Hope they worked. Traded at 2.8c up from 2.6c so slight positive . Bed time, spare room ha ha !
Tried 3 goes to get into asx rns's,but cant,so i gave up trying.
but googled it and looks like a fund raise is on the cards.
probably a placing
https://www.bing.com/search?q=latest+thr+energy+asx+news&cvid=65cd64816ecc4391ba2c9474968f75f0&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQkxNzAxMWowajSoAgCwAgA&FORM=ANAB01&PC=ACTS
In pub and long of lager but Alligator Energy and Envirocopper putting some money to work. Please read yourselves in case I have it wrong. GLA hic !
....?
This is nothing but a disaster unfolding !
Well that moved the dial, I am totally bemused.
ESG is making junior explorers not viable.
Looks like good copper recovery coming out of Alford East . RNS on ASX
Https://www.mining.com/web/russian-uranium-import-ban-teed-up-for-us-house-floor-vote/
'More drilling, great!!'
Yes the thrill of the drill, but the triviality of the reality, is there a penalty for investing in Thor energy!
https://www.lse.co.uk/rns/THR/directorpdmr-shareholding-e0op7g6s7z8k3q0.html
Says it all really!
More drilling, great!!
I have some hope but still a long way to go yet.
Https://markets.businessinsider.com/commodities/uranium-price
Getting very interesting, maybe make a little climb for our holders.
Nicole Galloway Warland, Managing Director of Thor Energy, commented:
"These results confirm our expectations that we would achieve shallow high-grade uranium from the drilling program, highlighting the significant potential and exciting growth opportunities of our Wedding Bell and Radium Mountain uranium projects.
"A sample submission will be sent to the Australian Laboratory Services, in Vancouver, for physical uranium and vanadium assays results. We look forward to updating the market in due course."