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mr p ,, try doing some quality research and post less. That way shareholders dont get misled
Depending on ex rates and sp Artemis mcap is £55 m and Calidus £75m.
As for drilling at Ragged Range ' very soon - ' its months away. .Electro magnetics next and more sampling followed by a lot of analysis to pin point targets.
The next thing happening 'soon' is a 10% dilution next monday.
https://www.australianmining.com.au/features/northern-territory-a-top-spot-to-restart-australian-economy/
“Where Thor Mining stands currently is there is the potential for us to attract some external investment in the project by way of a joint venture.
“Once finance is finalised, I am fairly confident that development and construction for the plant could begin anytime before the end of this year.”
( Need to get that govt grant first though Mick )
They do need small investors to invest here to create the necessary demand for shares in order to move the price up. Its all about retail and HNWI here. That means positive news flow. So a Q2 report would be very much appreciated please.
RTB. In terms of the Q1 update being issued 11thMay. , it seems to me they wanted to issue the Annual Report first ( which numbers wise was again a big disappointment). And since that point they have issued regular RNS's which have all been pretty positive. . A new leaf in terms of communication maybe ? . Therefore there's every chamce of a Q2 update in mid Ju!y IMO
I 'd doubt Billing is comp!etely in control now. He shafted eveyone with the 0.2p raise last year and lost the faith of MTR and Johnson & Co and didn't deliver on Molyhill. Now, he still hasn't delivered anything but the cash had run out so MTR/Johnson will be the ones steering the boat if he wants the cash. . The ony minor good news there has been no obvious dumping of shares, infact someone has been buying blocks of 1million.so cant see it being below 0.2p..
Royalty sale deferred another 2 months , despite Billing saying it would be done in March , then April. No change there then . Where are the gold assays ? The acquisition he did say they were looking at another copper project in trucking distance to bolster Molyhill. So more shares to issue no doubt. Cash must be running extremely low with the royalty sale deferral and seeking Govt. Assistance. A placing certainly possible. . They also want to increase stake in Enviro Copper. They need to be offloading for cash but instead seem to be taking on more....and at what cost to shareholders. ? The whole thing seens to have turned into a debarcle. Even if Thor continues what can shareholders expect ? Answer : zero !
To enlighten you on the error of your ways
Truely abysmal interview AGAIN. Why does he bother. He just showcases his own ineptitude.
1. Hawstone shares sold. ? yes well atleast we didn't lose any money.
2. Kapunda assays done ? No. But we thought we'd ring them up
3. Spring Hill royalty ? We're looking into it.
Thanks Mick that was fantastic.