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Need a REAL justification for this raise at this specific time given their press releases within the same 24Hr period, not in the least impressed or motivated (Will dump below the .38 you have the weekend to to impress otherwise.)
Given when this was streamed (10 hours ago from post) NOTHING indicates the need for a raise right now - notice the answer to the funding of ongoing projects - https://www.youtube.com/watch?v=cw5Q76qCOPM
Not sure how it explains a dip given the timing.
Interestingly there is no mention of a "proceeding" joint venture during the PAC presentation although the "Seeking joint venture partner (because we ain't up to it by ourselves) pretty much plays out in this now announced JV.
And yes once again they have shifted, what realistically was, a non-profit hold into a cash injection plus potential future earnings. So a focus on Raggety Range and the Uranium (another area where they will not be going lone wolf for many reasons, so JV there is also gonna be a thing.) Thor Mining (ASX:THR) - PAC Partners Uranium Forum - November 2022 https://www.youtube.com/watch?v=FFV0b9ZCjzU
Who'd have thought that last year? https://twitter.com/ThorMining/status/1590591919239073793?cxt=HHwWgsDQjYu79ZIsAAAA
Like PURE GOLD and Sprott/Ashanti all that capital they put into it- well that went bad and I dumped those shares ages ago and now look at it today that's really bad!!! We make judgements on the known or based on what we believe others know that we do not - sometimes rightly sometimes wrongly - such is the game. I still like Thor because of what it does have and what it will have and what it could have.
Well could be anything that constitutes a material thing. But the time relevant twit post seems to infer it's something to "look forward to." https://twitter.com/ThorMining/status/1583323914268069888?cxt=HHwWgMCipcKtjPkrAAAA
OK so now this, obvious EU omission to sanctions, is being focused on we could see a boost to the value of the USA wildcard. https://www.youtube.com/watch?v=UoSZ5UJHczI
Just need some "good" results and with the copper issue (as in the predicted 50% price rise due to the majority of it coming from Russia, past hence.) Yes that Enviro investment may become a big money spinner and a lot sooner if the various proofing stages are pushed forward (which it sounds like they may very well need to be unless going green is going out the window.)
Kinda not seeing how it can be OK for a company to trade on another company that has had it's sells pipeline blocked by the country in which it is based. Also totally disgusting that it will be exploiting its own countries citizens financial sufferings to line it's own pockets. This is not capitalism this is legalised theft through exploiting a distressed share price that is only that way due, in part to, it's own countries actions.
Ah, learn something new time (also why would they be doing this if there wasn't Nickle there?) - so Nickle being a super conductor... The following -> https://www.sciencedirect.com/topics/earth-and-planetary-sciences/electromagnetic-survey
So over 2 million in the bank, that's good for now... But they still have to hit something of value in Ragged Range before real interest can be drawn in, actually they really do need to hit something of value. As for Copper, knowing how far off that is, kinda makes it a mute argument for now. As for the drilling, RC is 200/300 Metres per day and they're doing the Assay stuff off site Hmmm and not from cyclone dipping. And yes the share price is a joke, given Moly Hill and all the other stuff.
Worse part about this is that China, who don't hold to the sanctions will now have access to discounted gold along with the discounted oil. Wonder which country will now be producing the cheapest circuit boards, mobile phones, semiconductors, solar panels, EV's etc etc. Russia is in a bad place whilst Putin still thrives, which could end quite soon, but China (CCP) is the bigger looming threat as they are expending massive amounts of resources on their military and are very clear on their goals, unlike Russia whose budget is less than Saudi Arabia & really lack a plan let alone a genuine goal bar Uggg destroy (go figure!)
Just needs to be REAL, thought I'd look up viable Nickel mining grades - "NICKEL: This valuable metal doesn’t usually occur in nature as a bulk tonnage target since most bulk tonnage mines contain 100 million tonnes of ore or more, and most hard rock nickel deposits are less than 10 million tonnes in size. Therefore, anything over 20 metres in thickness (significantly less thickness than other commodities) and 2% nickel grade or better would be reasonably considered high-grade. Example: In September 2007, Noront Resources released two nickel intercepts from shallow drilling between 80 metres and 150 metres deep, with a section of 71 metres grading 1.8% nickel and 1.5% copper. The stock moved from $0.80 to $4.00." https://www.mining.com/web/making-the-grade-understanding-exploration-results/
Power plants are a good investment in themselves.