Member Info for MisterPositive

When this is +1p..

0.55 would look like a bargain.

THR has accumulated Miltiple very attractive assets and in some cases key strategic assets, like Uranium & Vanadium in USA. Uranium price expected to Double as demand for Nuclear reactors expected to rise sharply. Vanadium used in reinforced steel and also now being used in batteries.

Copper & Gold at Kapunda look very attractive. Gold comes as Free carry.

Pilbara Goldfields located in Gold rich belt. We already know about...visible Gold mineralisation from.'Multiple' locations.

MCap should build on from current lows in coming weeks and months.

Bsg4
What is your Fetish with Mick ?.....Lol

Mick would probably get replaced by new management when THR is bought out. Unless he delivers great returns over next 12 months.....who knows ???

Would not be surprised if Gervais Heddle makes a move to just Annexe Pilbara Goldfields with Havieron !!!

Hawkes bay,
About 2/3 weeks.

GGP 540m
CAI 152m
THR 6m

Anyone can see the massive upside for THR from current entry level. Value is built over time. At current price, it's a No brainer.

next to GGP flagship Havieron Gold deposit where THR reported....'Visible Gold mineralisation from Multiple locations'....

Results due soon...

Warrants Exercise price is @ 100% premium...if I remember correctly.

and exercising Warrants brings in more cash for THR.

All companies issue Warrants at premium. GGP had loads of warrants too. GGP now is now at £540m MCAP.

What dilution? ....read the RNS...fully funded here till end of the year.

They can raise @2p

and i will be happy to participate.

could be taken out in my view ahead of Pilbara Goldfields results due soon....good results and say good bye to +1p.....

Visible mineralisation from "Multiple" locations...

Still under the radar. Wait for wider market to take notice

Gold extracted using the solvent solution method comes as Free carry.

So any Gold oz extracted and sold @ market spot gold price would go straight to your bottom line profit.

Kapunda Copper & Gold deposit should become extremely attractive to any of the Big majors...RIO, BHP, NewCrest etc in my opinion.

That's the beauty. Gold extraction cost is NIL.

Gold is extracted from the Copper solvent solution which they have to extract anyway. So Gold comes out with it at no extra cost making Kapunda Copper & Gold deposit even more economical.

25000 oz @ 2000 gold price = $50m (c. £40m)

40m / 1.282B shares = 3.12p

Good point. I totally forgot about Gervais Heddle connection with THR.

May be GGP might just buy out THR down the road?

Momentum building as wider market takes notice of how undervalued THR is.

1p on the cards.

US$50m from just Gold equates to = 3p

Gold from Kapunda could be lot more than 25,000 oz.

Without factoring anything for 119,000 tonnes of Copper

Ignoring the 119,000 Tonnes of Copper for a minute. (Copper price has also recovered strongly).

Just 25,000 oz of Gold @ $2000 = US $50m

Coz Gold extraction cost to THR is ZERO.

Our MCap is £6m ?????

THR has multiple assets like GGP.

If folks research each of THR assets, you would realise how undervalued THR is currently, having multi commodities exposure. Not a one trick pony.

Copper
Gold
Molybdenum
Tungsten
Nickel
Uranium
Vanadium

Lot of hard work already done by THR. With new commodities cycle starting, this is the best time in my opinion to accumulate these at current only 6m MCap.
This to looks set to be a 10-20 bagger from current entry price.

Please DYOR. I done mine and am amazed how significantly undervalued this is currently.

With only 1.2B shares vs 3.8B at GGP, relative upside from currently entry price is huge for THR on any metric in my view.

Agree MM
Free carry on Gold is amazing. Been in many gold stocks over last 10 years but never had this unique situation.

So many Gold producers have high AISC costs, some could hardly breakeven when Gold was around $1000. Only big players like Newmont, Barrick, Newcrest, BHP, etc would make a slight profit at $1000 ,mainly from their economies of scale and deposit size.

With Gold price now approaching $2,000 free carry Gold for THR would go straight to their bottom line profit. That alone should be a huge attraction for any Gold major to pounce on THR and just buy them out.

They would get other assets for free.

Has to be fair price though for "Sum of parts" valuation

I got mine sitting in both SIPP and ISA.

Now let's get that deal signed off.

MMgames,
Yes. That is an excellent interview. 1000 tonnes of Copper and say 100,000 oz of Gold just so far from Kapunda is great....25% to THR.

Love the fact they can extract both Copper n Gold via solvent extraction Or as Copper cathode. Gold extraction cost would be NIL as it would simply get extracted as solution when they extract copper using solvent solution.
Also Mick Billing using Govt cash Grant's for Kapunda costs so we not using our own funds is a huge plus. Hence THR deploying funds to fast track Pilbara Goldfields which is on same gold belt as GGP.

We not even factored in Royalty income from Springfield gold deposit.

From what I know from many years ago when I was in THR was the fact Molyhill led to slow progress coz of market price of Molybdenum took longer to recover. Now that Govt has granted Molyhill a major project status, things could move forward soon as prices recover after COVID-19 effect.

Think Mick is closing to redeeming himself. Market is forward looking and re-rate on future 6-12 months activity. Folks here can criticize Mick as much as they want, makes no difference. It's where he takes THR in next 6-12 months that matter most.