Firering Strategic Minerals: From explorer to producer. Watch the video here.
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The SP has been staying strong of late. Those who left the train hoping to get back on at a lower price probably will have to pay a lot more for the forthcoming re-rating will be ground breaking. For those who are still on board better sit very tight and don't let go of your golden tickets.
Right, ramping is over....
Disclaimer: this is not an investment advice. Please seek professional opinion or do your own research before investing. Thank you.
There is Spring Hill gold royalty income to come to THR from Trident royalties also @ $14 / oz if price of Gold is above A$1500...Gold price been way up at A$2676 / oz.
Spring Hill resource at 355,000 oz of contained Gold.
Further upside to 734,000 oz supported by mineralisation open at depth and along strike.
I think the current actual bid and ask prices are 1.14p and 1.18p. it's getting better and better, slowly but steadily and solidly....
Someone just paid 1.20p.....
1.20p is nothing given where this could be sitting at in future. Paladin Energy went from 1p to over $8 a share hitting $4.5B Mcap on previous Uranium price boom. Who would have thought that? I surely missed that one but legendary Rick Rule of SPROTT Asset management made a bundle on that one.
Ragged Range Gold deposit could also turn out to be lot bigger than originally thought. Sampling results so far have already exceeded expectations.
Also Copper estimates from Kapunda & Moonta could be as high as +1 Million tonnes "contained" copper. Moonta is expected to be even bigger than Kapunda.
Without even including GOLD estimates from above 2.
MrP your right
Exciting times ahead for this one, looking forward to our big rerate once the gold figures are released!
Would be great if week by week we get further RNS updates as to state of play and a few results
1.20p finish, yay!!
Yes Mr P and RoronoaZoro, you both are right. The sky is the limit here, onwards and upwards!!!
My only blue share today - I suppose it would have been the same for you all as well???!!!
Still smiling : )
Not really, in fact 11 out of my 12 shares, even Ted Baker were up today except Lloyds Bank, grrrrrr.....
Good day all around here. 9 blue out of 11 held.
Oh and Thor will be massive in a few years.
So, the lock down fear was overrated then. The main markets were up three days in a row but tomorrow probably will be another day, another situation...lol
There is Spring Hill gold royalty income to come, sold
https://uk.advfn.com/stock-market/london/thor-mining-THR/share-news/Thor-Mining-PLC-Spring-Hill-Royalty-Sale/82847367
Hey board, that's from July, not news any more....lol
Sorry broad, spelled your wrong, my apologies...
Spelled your name* wrong..
Yes. Realised later they sold it for A$1m.
Don't think THR has received any payments yet other than just the initial $50k ?
News is still in play from July, Thr will get $350,000 after FIRB approval. Must be getting close,
Initial payment of A$400,000, comprising A$50,000 immediate payment, followed by A$350,000 on completion, including FIRB approval,
Yes. Payment should arrive anytime. They quoted 3 months back in July.
In fact, A$400,000 is only the initial payment. There will be production milestone payments too:
Initial payment of A$400,000, comprising A$50,000 immediate payment, followed by A$350,000 on completion, including FIRB approval,
-- First production milestone payment of A$300,000 upon cumulative sales reaching 25,000 ounces of gold,
-- Second production milestone payment of A$300,000 upon cumulative sales reaching 50,000 ounces of gold.
Therefore, if THOR has only received the A$50,000 immediate payment then there will A$950,000 to come yet(350,000+300,000+300,000)...lol
Now that's research its all in the RNS.
I just want this to be valued as it was in 2007. wouldn't that be nice
Right yes, the SP was £4.25 on 20th April 2007, thirteen years ago. I wonder what happened? How come it has dropped to just 1 penny??...The Mcap would be £7billion now if it gets to £4.25 a share. WOW!!...lol
I’m really interested what happened back then too, can’t find anything on google though. Wonder how many shares were in issue back then too
Probably a lot less shares back then but still, the drop was horrified!! From £4.25 to just over 1 pence, my, my!! Unless there was a share consolidation(a very big one...1 for 400 or something)...