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Plenty of demand out there for copper and uranium so I wouldn't be worrying about that side of things. I worry if we actually discover it. GLA . Mullins58 and Troajan recently posted Uranium demand links and here's a copper one.
https://www.mining.com/copper-prices-may-jump-20-aluminum-by-36-as-demand-outpaces-supply-forecast/
The mining sector is totally in the doldrums, even if the copper and uranium is there in our ground, what is the demand to mine it right now?
This could play out for decades until we are all living in a pre industrial era agrarian economy by which time .......?
Share price gone up a smidge yesterday - but already down again today. Absolutely pathetic. What to do?
Glad to see raise was at a premium to the admittedly pathetic vwap.
Should push AIM share price over a still admittedly pathetic 2p.
1m AUS Dollars raised @ 0.042 cents a premium above the VWAP of 0.0384 Cents.
You can see how much the management believe in this company by the amount of shares they have purchased.
I think they may drop their AIM listing. They've milked the market dry.
I'm trying to be optimistic and thinking why not a JV announcement. Fingers and toes crossed.
I'm surprise by the small drop as it is highly likely to be around a 20% discount at least.
$2,000,000Aus @ 1p is my guess. They don't care anymore.
I wonder how big the discount will be on the raise ?
Trading halt in order to complete a capital raise.
Requested by Thor due to pending news announcement until the 20th Sept.
Thor tweet explaining ISR
https://x.com/ThorEnergyPLC/status/1701860797649993908?s=20
Uranium price makes fresh decade high as forecasts grow (even) rosier
https://www.mining.com/uranium-price-makes-fresh-decade-high-as-forecasts-grow-even-rosier/
ISR for copper does not personally turn me on but if they can also use ISR techniques for Uranium as other companies are trying (DNN) then that makes getting mining permits a lot easier in places like the USA or Sweden.
Work on Push/Pull SELT Test to start late Sept https://twitter.com/ThorEnergyPLC/status/1701761709042487654?t=FuDL11C5eSiUgW56K5hzIg&s=19
A bit of onscreen chemistry there!