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"The Directors of Thor have taken steps to reduce Directors remuneration". Too little too late. I imaging there will be a share option soon to cover their losses.

Last little pump to let some flippers out, in case AGM goes south.

aim1 I think your tag is a bit of an oxymoron this day and age. Especially where lifestyle companies like THR are involved. I see we're still drilling (burning cash).

Should get under the placing price soon.

I expect Mick is thinking about the next placing, maybe @ 0.1p.

Very twitchy on any sell.

It's a long game just wait for license to expire and pick it up cheap?

So what does that mean for Mick. A drilling campaign funded by many more placings, probably on a sliding scale from here. Mick's in a job for a few more years on his big fat salary (probably see him through to retirement). Massive dilution (again). Billions of shares (again) then a consolidation (again).

I imagine the MM's are looking for buyers. Good opportunity for the flippers to get shot. Why this RNS after the placing.

Won't take Mick long to get rid of 350k IMO. Interesting to see what happens next.

Lets hope he made a large loss.

THR bought some stuff from PJ a while back for knock down price at the time of 0.85p. That seemed a bit dodge to me.

MM's doing the flippers a favour, gets them a bit of volume too.

Wait until the next placing @ 0.1p. I remember the 1.2Billion @ 0.025p a couple of years a go.

The discount placing that broke the camels back. Let's hope so.

That's easy have some more placings,

As I said earlier, next raise 0.1p. I think the only time to buy will be after the next consolidation. Probably after we've got back to placings at .025p in the billions.

You'll get them at 0.1p next placing.

Brugle, it's not hard if you look at the history. 75p in new money 2011 now 0.25p (99.6% drop) massive destruction of shareholder value. Placing after placing. Fat salary for the directors, loads of drilling. Not sure what % of money actually went on drilling. Most I bet went on salaries. It will probably all happen again over the next few years.

Should go under placing price when MM's think flippers have made enough.