Thor Explor Share Price (THX)

How about... ~650M shares outstanding (think it was something like that, last time I looked), ~US$200M in the bank, end of life, cheeky little ~US$0.30 special dividend per share ;)

Current share price ~US$0.19 equivalent.

Lots can go wrong in these big projects and with global markets (lower gold), etc. but, at this price... an awful lot can go right (Extension, Douta, Lithium, future prospects, gold price could go yet higher, etc)

I assume no but there's a lot of info out there if you look for it online https://nairametrics.com/2020/10/14/fg-liberalizes-the-mining-sector-grants-5-years-tax-concession-to-miners/

ISA Essentially, yes.....I wanted to ask if MLE, or moving to u/ground, might constitute a different project and extend the tax holiday. I guess not, but you never know ; and what taxes are triggered once the holiday ends.

The $300m FCF is an effective way of highlighting a sort of worst case scenario here, albeit obviously true worst case scenario is gold crashing to $1500/oz, Nigerian militia seizing Segilola etc ha

There are very few scenarios that would leave investors, holding at today's $125m mcap valuation, out of pocket in three years time whereas the upside could comfortably be 100% ($250m mcap) and if POG really takes off, 3-4 years mle at Segilola, Douta developed, Lithium developed the upside isn't calculable even.

Yes, very detailed presentation and Q&A. All very positive.

Approx 12,000 oz of gold in circuit. Now being drawn down at a rate of 1,000 to 1,500 oz per month continuing for the rest of this year.

Segilola resource drilling. Segun put up a slide of known resource beneath the pit. The original study was when gold was at $1600 oz. Now $2,200 plus. So there is economic gold beneath the pit that can be added to the mine plan. With this year's drilling there should be further oz that can be mined in the open pit before going underground where they have some high grade intersections from the past.

Douta. PFS expected Q3. Current drilling to add oxide resource from shallow depth at both Douta and the new licence at Douta West.

LIthium. Hope to have a maiden resource published by end of this year.

Drill results from Nigeria and Senigal to come to the market this quarter and beyond as available.