Member Info for MisterPositive

And there is Nickel also at Ragged Range if i remember correctly.

Nickel price has really come to life over past few weeks at $48k /tonne having had a crazy run to $100k/tonne for a wild day with Russia-Ukraine war.

Current £14m MCa.... seems a big joke !!!!!!

March 2020 - price was 1.10 pence
March 2022 - price is 0.11 ???

Drop seems way overdone in my view.

"Several lithium exploration targets have been identified at Thor's Ragged Range Project.

§ The Pilbara Craton is highly prospective for lithium-caesium-tantalum (LCT) enriched pegmatites and hosts two "World Class" deposits at Wodgina and Pilgangoora that formed close to the Split Rock Supersuite (2.85 to 2.83Ma).

§ Prospective LCT ground adjacent to the Split Rock Supersuite (2.85 to 2.83Ma) is identified in three areas covering the northern portion of Thor's tenure."

Both Uranium and Lithium prices have moved substantially higher since end of Jan.

LOGP stake in Barryroe discovery has surely got to be lot more than just current crazy £5m MCap ???

Chinese must be ready to pounce.

They would be delighted to get their hands on one of worlds largest Nickel deposit on the cheap right at their doorstep.

Makes lot of strategic sense for Chinese to secure Nickel supplies for coming decades.

I think Thor Mining's Uranium deposits in USA should soon be in the spotlight for bigger players to come in.

"China and Russia have been the most dominant political powers in nuclear power.

There are about 440 nuclear power reactors operating in more than 30 countries that supply about 10% of the world’s electricity, according to the World Nuclear Association. Currently, 55 new reactors are being constructed in 19 countries, and 19 of those are in China. The U.S. only has two underway."

More from CNBC.

US investors been paying over 5 cents.

That would be 3.80 pence here.

Maestro.
Even 500 - 800 bopd @ $100 Brent for starters (target 6000 bopd) is highly attractive because cost of extraction and trucking are so low. Got to look at $$$ profit / bbl. MATD has NO debt.

Offshore oil producers have higher costs and huge Debt on their books.

Imagine Revenues $$$ when Heron field is producing 6000 bopd.

Massive Upward Valuation curve.

Horsers
Why does Mike Buck need to look for alternative plan ?

He already has a plan that has been communicated, only if people wait and let the company implement it and which is what they are doing.

Negotiations in parallel are for Block V and to agree a "Commercial framework" for oil payments etc for which there is a lot of time to have everything in place before mid 2022.

MATD about to have a meeting with the recently appointed Petrochina president in Mongolia.

Also confirmation of Heron oil to be benchmarked to Brent crude price.

Bought some at 1.49 probably showing as Sell.

Just listened to Russian foreign minister press conference.

We could have a resolution soon.

Listened to Russian Foreign minister press conference. We could have a resolution soon.

Real spread here as tight as Madonna's jeans.

86-87

Hamm
Engage your brain a bit before you write.
What is Mike Buck going to do at Heron-1 right now ? Clear the grass and weeds around the well?

EH remaining assay results overdue. Could be anyday now i would have thought.

Touched 1.05 p last time just on a glimpse of the Super High silver grades.

All commodities Alien Metals got been up quite substantially since then but not even remotely reflected in current price.

Good time to be holding these.

Commodities Super cycle well and truly in play.

This got to 1.30 p not long ago. Look at how much Commodities have gone up over last 2 weeks but not reflected in current share price.

So 1.50p is very much plausible.

Some oilers gone up 50% in last 2 weeks. RBD been left behind. Not for long though.

Way too undervalued this one. NW and Victory valuations should be lot lot higher than our current low Mcap.

That should do nicely.

Aspers
What is your definition of ramping ?
Someone who is positive and quotes text from RNS or NPV10 estimates and Broker valuations from public domain OR comparison to other Oil AIM stocks some of which seem way overvalued?

I do not give a t055 what you think of me. I am not going to get few unpleasant characters lose my focus.

At least i am invested here.