Member Info for cventer

Academy - made a profit and banked it which matter but wow if only he held on a little longer.

Wow That’s a nice buy

Sounds like parts are on their way back from Paris and drilling to re-commence later this week. I believe we will share cost / maybe get a cheaper next drill or something like that once again sounds like they still working something out and not agreed fully yet. Sound like Parts that needed fixing tested fine pre-drilling but on inspections they carry out regularly lost like 80-90 % of tensile strength. If this is the case it’s 110% the right call to get this sorted.

@@@ Although the Company was not able to formally confirm GSPC's compliance, it believes that GSPC may have submitted the required funds in compliance of the order with the Court. The Company will update the market upon clarification with the registry of the Court. @@@@

Not ideal not to know if this has happened. Surely OEX should have someone here ready and waiting for news or not issue the RNS until you know either way.

I love playing roulette and did get caught up in the ramping after sitting on the sidelines a while.

In the red now so lets hope the contract comes.

Now the official communications in an RNS states .......

· The rig has not suffered any mechanical issue, however the Company has insisted that the rig company replace two parts which have been found to be worn and which will be critical in the deeper sections of the Well.

*** which part of the rig BROKE ????? ***

If you had a car and your brakes are starting to makes noises / metal on metal what do you do. You get them replaced as its the sensible thing to do rather than keep driving and crash !!!!!!!!!!!!!!!!

Very good RNS
Cash is higher than I expected and even with September being a low month due to Maintenance we increased our cash ( a fraction ) so very good news.

Also like the clarifying on the enviro stories.

Good RNS

It would be good for us to get the first R1/R2 out the way just so people can see we have hit something. And then build to the second zone.

Come on AAOG ( oil is less days away than the fingers on my left hand ) and yes I still have all 5.

Whilst I am always cautious of chatter and what Gervaise says - this is my biggest holding and I added some more today with HAD005 surely not far away.

This was from the Haverion update RNS recently *** While laboratory assay results for HAD005 are not available at this point, and there can be no guarantee that assay results will be similar to those of HAD001, the visible observation of 239m of mineralisation in HAD005 is considered material because it represents a visible mineralised intersection approximately twice the size of that detected in HAD001. ***

I think there is just so much happening in the Paterson region and we might actually have something decent here.

Topped up again this morning and this is now my second biggest holding.

Micks tweet earlier ( A busy 3rd quarter with progress at Molyhil & Pilot Mountain in particular. Watch this space for news about the Bonya deposits near Molyhil - Game Changing! )

Financing on the way and this tweet above enough for me to keep adding at these levels.

Better up 20% than down JAMEGUM

I am still down and hope this is indeed the news we have been waiting for a few years now. Will that then unlock signing a deal with some of these interested parties Colin has mentioned before.

I bloody hope so ...

Very good indeed and surely worth people getting in at these levels.

Absolutely mind boggling.

but you are right - just cant explain or second guess AIM.

Need Mick to get some financing options sorted here or offload a project so we can have funds to develop our other.

http://news.sky.com/video/share-11495117

Wow - what's happened here - did we get news to say we have no assets???????????

Luckily I have been here a little while so can wait a bit more.

But my personal thoughts were once Molyhill news was out and the Kapunda news we've had this would be trading 2.75 - 3's. We had a sniff around 2.5 on Molyhill news but back down to around 2 again.

I know financing is a big one but we were pretty much double this before the news and its been great news.

A couple of great RNS's lately and not much movement ....

Will it be pilot mountain or financing that gets us motoring a bit?

Lets start moving now that ive added my last lot. 10 654 more this morning so lets hope for the best in here.

I completely agree

Joint broker appointed not long ago.

Letter to shareholders funding into 2019 and then more importantly said the DFS delay not due to negative factors and anticipate an positive outcome.

See below

LETTER TO SHAREHOLDERS
Mon, 18th Jun 2018 13:26

COMPANY FINANCIAL POSITION
Thor remains very well-funded with sufficient cash to cover planned work programmes and general working capital requirements until well into 2019. Cash is key to any exploration and development business and we are grateful to have had the support of shareholders and investors who helped to put the Company into a robust financial position.

Latest Position - Work in respect of the updated DFS for Molyhil is nearing completion. This work has taken longer than originally anticipated, which is not due to any negative factors and, subject to remaining findings, we anticipate a positive outcome in line with expectations. It is important to note that a range of positive developments in respect of Molyhil, including process improvements, the announced enhanced Open Cut Ore Reserve Statement and extended mine life, had to be incorporated into the new study and that has taken more time than we expected. We view this DFS document as absolutely key in terms of project development and commercial discussions with external parties. As a result, whilst the additional time taken to reach completion has been frustrating we consider the thoroughness of the task to be fully justified.

He did say in the last interview that we are fully funded well into 2019 so not sure where people are coming out with placings etc?

some people hey