Just26 Jan 2019 18:07
Had a read of the Thr website and I have to say I feel somewhat reassured and a lot less nervous now! The BOD credentials are unquestionable and they certainly have put their money where their mouth is! As of last month the BOD, PJ and MTR still have some serious skin in the game!! Unfortunately we are listed on AIM so the MMs can set the price at whatever they want and do exactly that and for their own corrupt gains! I'm sure if Thr were on the FTSE, the sp would be multiples of what it is today. The same can be said if the practice of shorting was banned! There is no logic that I can see of why we are down here, MB has stated that he has knocked back finance offers due to not being on favourable terms and I believe him, so why would he accept dilution at a discount at any level, never mind where we are now? In my opinion we have a distressed seller who will sell at any price and the MM's have taken full advantage. Some PI's would have also sold into this drop. Each to their own but I have seen this has a massive opportunity to buy low and hopefully make some serious money. The link to Thr website clearly states that MTR still hold over 11%, PJ over 5% and MB just under 5%. Link as follows:
http://www.thormining.com/investors#investorinfo