Member Info for thefierce1

That’s an outstanding appointment I think. Great start to the next two days.

So the answer may well be getting to 2p double quick time !

Be interesting to see how many newbies buy in then ask why up this much eh !!! The lesson in NOT D Y O R !! LOL

I’ll take another dip this morning as long as there is no mad rise !!

Before I start the back breaking day ahead, I’ve just read the whole report.
No matter what cash—-t says, in the circumstances we find ourself in around the world, it’s excellent IMO.
Investments galore, big big news coming re MRE, plenty of $$$$ available for further investments which is absolutely crucial to read about !!, getting costs under control( which I like immensely) and getting on with the job at hand.

Little side bet Sir Forest that the figures don’t come out by 30/9; you up for 10p wager ?

Well the doomed, we are all dooooomed brigade are wrong hopelessly again.
None of us should be excited about this near 13% rise today; it’s where it should poxy we’ll be at anyway. For me it’s the right entry money; if it is still here on Friday then I’ll pre announce another little tickle.
IMO this should settle down now; what’s really exciting for today is the size of the buys that have been going through. Not your £30,40,50 A la GGP purchases but £2,3,4 and £5 GRAND”s worth; I’m more excited about that.
As I said before, 2-3p quick time and then 5-7p IMO.
D Y O R people remember that !!

Totally agree with you Hydro but would add that as and when SFR announce the MRE that will (hopefully) put a rocket under our SP; higher SP bigger value and easier to raise loads more finance for top quality investment.

Totally agree Hydro but would add that I think when the MRE lands from Sandfire and if (when) it’s half decent, the SP should move up very sharply to a new base; new base price, better future funding and better buying opportunities.

The last paragraph in particular

Through this RNS; when DYOR this is what you need to read carefully and then make your own decision.
1st JUNE 20/20

· The Company has raised gross proceeds of A$700,000 via the placing of 140,000,000 new Ordinary Shares at a price of A0.5cents/share ("Placing"), and A$130,000 via the conditional placing to Metal Tiger PLC and subscription by company directors of a total of 30,000,000 new Ordinary Shares, also at a price of A0.5cents/share ("Conditional Placing").

· Strong support was also received from a broad range of new institutional and sophisticated investors in a heavily oversubscribed placing, significantly strengthening the Company's share register.

· Company directors Mick Billing & Richard Bradey each to invest A$10,000 in the Conditional Placing subject to shareholder approval.

· Metal Tiger PLC, the largest shareholder in Thor to also invest A$130,000 in the Conditional Placing subject to shareholder approval.

· In further support of the Company, Metal Tiger PLC has, subsequent to the closing of the Placing and Conditional Placing, agreed to invest a further A$120,000 on the same terms as the Placing to accelerate the Company's projects and provide further working capital ("Additional Placing"), also subject to shareholder approval.

· The vendors of American Vanadium Pty Ltd and their associated parties are subscribing for A$200,000 in the Placing, reflecting their strong support for the project under Thor ownership.

No words of wisdom here pal, honestly. But people just don’t DTOR; if you were going to marry a girl, you’d wanna take her out for yourself etx wouldnt you; you wouldn’t listen to what other fellas said and then just pop the question !!
So it’s the same here; my whole approach to THR is well documented on the MTR board; placing after placing and nothing happening and of course MTR putting in each time is shareholders funds, so my money in part.
But this fund raise at fair SP value with good warrant price so I’ve dipped my toe in. Of course there are decent assets that have been acquired at what I believe to be the start of a strong and long commodity rise.
I’m looking for 2-3 initially and then 5-7p within a 6 month period as long as there are proper results for the MILLION just raised. IMO there will be something exciting BASED on the fact that there is a new large investor putting in a decent whack of poppy.
So in essence I’m very happy to be in; not looking for short term ism here. I’ve been in MTR since Feb17 and at one point was hugely down but bought with conviction and now I’m in good profit but MUCH MUCH more to come.
So hopefully I’ve DMOR, thought about it and dipped in.
And is Amigo the loans turnout ?

THR was always going to rise initially because of the 1p warrants; people ramping ASX rise and yes some seem to have bought in thinking of a quick double up plus from a starting SP of say 1p
Never going to happen. And the next lot who go on about the shares coming to register; GGP has almost 4 BILLION shares in issue ffs.
You have to D Y O R; this one won’t be a 10-20 bagger in 6 months; but MTR and ARV think that there has to be something or else they wouldn’t have supported this latest and higher priced fund raise.
Of course they are reasonably protected because assets have been acquired; will they work who knows ? But I would think that all the geologists from the three main co”s would have had a look and decided to put the dough in.
I myself was 88% down in GGP at one point; bought all the way down and sold out @2.15p and made 15% profit and left the stock because I didn’t trust the board and GH. You can’t win them all.
This won’t be that meteoric simply because they don’t have that size acreage; but IMO it has enough to get to a 50-75M Mcap company relatively quickly with in particular the Gold and Vandium assets that have been purchased.
So I would say IMO sit tight, stop wetting your knickers, no point selling at a loss and look at it over the next 3 months.
I had a little tickle this morning and will be back in if the price sits here.
And I repeat again D Y O R ; it’s YOUR MONEY !!

BSG I think that’s misleading fella your last statement; yes at the start of the year they said they had enough money but now they have bought all those gold and vanadium assets HENCE a secondary much larger raise .etc
Don’t mind any statements pal just follow it through and tell the truth eh !

Well BSG I think @ MILLION raised only two weeks ago that THR won’t be raising against any time soon.
Let’s all remember the golden rules here; DONT LISTEN TO ANYONE ON THESE BOARDS.
D Y O R and then think about it yourself. Raises, what I’ve bought this morning, asset value, shares in issue, and the NEW cornerstone investor in THR is all on record.
Bitterness gets people sometimes and they just won’t let up.

111,111

Are the dividends guaranteed ? What sort of question is that ? Are you guaranteed to wake up tomorrow morning ? Are you guaranteed to keep breathing throughout today ? Well, are you ? Answer that one and then do everybody a favour. You are trying to purposely LOSE people money and this is disgraceful behaviour; I’m going to report you and get you bannned from here.

You are wrong yet again ! There is no debt !! Which bit don’t you understand ? The “monies loaned to us from a Global Merchant Bank” are secured against our share holding in Sandfire; the divis we receive finance that money and the put/call options cover any drastic SP directional behaviour.
Yet again you neglect to mention to anyone that in fact the monies have been used to dramatically increase our NAV (that’s net asset value) via purchases in existing and new companies.
You are a total —-t honestly.

Deano I’m with y pal except that won’t be happening and I think you know that !!!
They just got a MILLION quid and I think you are long enough in the tooth to know that MTR and now ARV won’t allow it to be frittered away on nonsense.
So enough of the de rampers on here preparing for tomorrow; and the fella who is “LOADS DOWN” LOLOLOL.
So tomorrow buddy you start buying and get your average down rapido before it shoots up.
I’m buying tomorrow and I shall even tell y”all how much and when before it happens; we get too much krap on here of peeps saying they have topped up when it’s a load of drivel. And Jack me old pal
D Y O R and don’t get caught in whatever hype you think you did !! It’s your money so research and then think about it.

Exactly right