Member Info for spot7

Mullins.....I like the comment you posted from Joelle Simonpietri, CEO of Simonpietri Enterprises stating the visits he made to various Eqtec sites and being impressed. Bodes well.

looks like going private eh ? then those that step in get in for next to nothing . bit like velocys at .25p was it ? what a ****show.

Shocking - again UK's lack of foresight and investing in green tech that can help deal with this. Dispair.

That's for Thor Explorations not Thor Energy ?

NM

Long stop 12th July now ! Get this over the line please !!

I emailed the company asking when next news due re US projects. Boss lady replied

"We are anticipating further drill results early May, and plan to have a few additional announcements regarding the projects in May."

Nice to get a reply. GLA

This would be how THOR view it.

8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?

Answer: The Company has minimised costs wherever possible and paused all non-discretionary expenditure. Accordingly, the Company expects to have lower cash outflows in the next quarter.

8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?

Answer: The Company regularly monitors cashflow needs against available cash and seeks to raise capital through equity placements as and when needed. The Company has a history of successful capital raising.

8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?

Answer: Yes, on the basis of available cash of $0.5m, reduced spending commitments in the coming quarter, together with capital raising alternatives.

I was a day early. Well at least it raised the price a bit ha ha !

Schhhhhhhhh. Anyone have a feel for when an update on anything is due? I don't believe from a quick read through there are any "firm" dates but surely something due soonish eh huh ? SP continues to drift on very light volume. GLA LTSH (long term suffering holders) !

Just asking but what are the chances of this heavily beaten up diluted company being took private with Palumbo et al having it all ? I do own some shares but not a massive amount and was just reading the Velocys debacle that went private recently.

Yeah, good, clear as mud. I'm glad that's simplified things. Bit early may come back and read after coffee ! GLA

Imagine the price of THOR if we do ever get some out the ground ! In the meantime it's a question of financing(need to check cash in the bank) such is the nature of the beast on AIM. Lab results due Feb, fingers crossed everybody. By the way (asking tech guys) the downhole gamma logging returns up to 6,885ppm (0.69%) eU3O8 uranium is quite good right? GLA.

Correct, need those lab reports to come back positive and as you rightly say progress on the ground.

Up on ASX 3.9c / 4.0c . Has traded at 4.1c On the back of uranium price I guess. $104

Hope so herne. I see it closed 3.4c - 3.5c and traded at 3.5c. Need some positive news from the lab re uranium tests which are due first quarter I believe. Sooner rather than later please. GLA

3.1c - 3.2c down under. Wassat 1.65 here ?

Can't sleep . 3.10c / 3.20c . Let's see if London likes it aswell.

Going crazy trading at 3.0c ! GLA

Am home now. Think that's an old one buddy from september.

https://wcsecure.weblink.com.au/pdf/THR/02755054.pdf

https://wcsecure.weblink.com.au/pdf/THR/02754993.pdf

https://wcsecure.weblink.com.au/pdf/THR/02754967.pdf

Hope they worked. Traded at 2.8c up from 2.6c so slight positive . Bed time, spare room ha ha !