Member Info for chique

Today it was 5 - 5.5 and I bought just over the mid

When you buy - you get a better price normally

I got the impression today that this guy has the nose for simple no frills profits - and prefers the high margin simple stuff.
From an acquisition point of view this could bode well in future years.
All too often owners go for the 'looks' and lose track of the main objective

a lot of thought and words for a pinch of salt - but I agree

High growth companies normally attract a higher PE based on the fact there will likely be increased future profits.
I put 12 as an option on the calculator to be conservative but personally think we could be looking at a fair bit more once the stock gets noticed and we are in either acquisition mode or paying a dividend.

also good timeline for limestone around second half 2023 - they may ( not sure ) have their sales guys pre-selling earlier , he never elaborated on that.

Which in effect means the cash balance y/e 22 may well be close to 1/2 current market cap

He never said - If you listen to interview he says circa 30% market cap - then says 3 million , mand he talks about that figure being added to the existing cash balance

My calculations give 3,800,000 dollars AUD net for 150k

t1995 I'll go with his 3 million forecast profit for y/e 22 , anything extra a bonus

There are 11 references to tons - can you cut and paste 'paragraph ' as cannot see 84 tons in that RNS - you may be right but cannot see it

That figure is from where?

The good thing though is that for him to pluck 50 out of the air , to him it is a considerable increase in the rate for this period

I did that math myself but didn't post as if was 'off the chart '

Still have a seller there though knocking it back

He says circa 3 million dollars profit this year

The problem is they never say whether it's AUD or USD

But he did say circa 30% of market cap which gives a slight clue

Reading our questions out

Yes , those figures were lower than mid guidance
But headline on yahoo THX.V is
Thor Explorations Announces Commencement of Drilling on the Douta Gold Project, Senegal (-:

Just for a bit of balance - no objection to shakey opinions either as fundamentals generally overide

So if we move up to 4g/ton we could be looking at gold sales in excess of 156 million for y/e 2022
with a gross profit of 81 million give or take , current market cap a slither more than that

I just wrote to Segun , the RNS title was ridiculous ( RNS is marketing too ) douta drilling to anyone scanning RNS issues spells cost . Gold production up 19% would make a totally different impact given than people create news items from RNS's