Member Info for willz94

Does MtL have an operating mine or their own rigs? Nope, so I’ll stay here as the prospects to me seem a lot more attainable at a lower cost while we make a massive divi

Coke and hookers

This is what i had back from AI which lead my thought

30-day settlement means the revenue from gold sold in (say) late March might only be recognized (or the price locked in) in April.

If you calculate the average sales price for Q2 (Apr–Jun), that April number will partially reflect March market prices.

The effect is even more pronounced when prices are moving sharply — for example, if March prices are low but April–June are higher, that leftover March pricing will drag down Q2’s average.

This timing mismatch is accounting-driven, not operational — the physical gold is sold earlier, but the contractual/hedge settlement and cash receipt lag causes a quarter-boundary bleed-over.

So yes — if the miner is also paying down a hedge, that can further influence the recognized sale price, because hedge settlements are usually matched to the delivery date but may be recognized in the same period as the physical settlement. This can make the reported average price lower (or higher) depending on the hedge book’s mark-to-market at the time.

Been looking into why the sale price was £$3187 for the period and I would expect that the gold sales contracts have a settlement period of around 30 days, so in Q2 you will still be settled for the Q1 sales. Therefore, Q3 would actually be the first time Thor will have full exposure in monetary terms for the rising price of gold. We could therefore expect yet another record Q for Q3.

Grey Segun mentioned previously that buy backs were considered but due to the average volume rule, it would have taken a long time to deliver very little share holder value compared to thick and fast dividends.

I fully expect this to be reconsidered once average volume increases

More like be in awe of the crazy cash flow and low ASIC

Hopefully get a nice bump Friday when a large number reinvest the dividend also.

Ex dividend day Monday folks, make sure you top up tomorrow if you want some of that pie

Our margin at the moment is so sexy, Probally have playboy interview us for a page

Ah you are right

“RE: Good old fashioned15 Jul 2025 21:59

Pedro, one more post and I will sell out my large THX holding and spend my life deramping on the Thx board. You have been warned.“

Why else the sudden charge of heart?

Punter64 on the 14th

“ Really strong results, well done THX. Plenty to look forward to here”

Sounds like an angry MTL bag holder to me

Coming here and spreading fud just because people are selling out of MTL to come here is silly, especially when you clearly have not done any research.

We’re in 3 countries not 1

Segun is Nigerian and has a strong relationship with the fed and mine ministry which has already slapped down state gov

We have enough gold stockpiled to fund douta, the asic on the stockpile will be like 500, with a margin of like 3k

There’s clearly loads of gold left if you take the time to simply look at previous drills, we’re waiting for the resource to be added into the MLE

Douta is mental, with the additional drills being added and inferred translated to indicated were Probally looking at near 2m oz

Then we have iovory coats maiden due which again seems to have an absolute insane potential based on sampling

Go read up you absolute melt

I agree Kat, some will disagree but I do not think there is a lot priced in currently. I'm under the impression that markets just want abit more certainty, a PFS will help understand the economics fully at douta and then that will start to get priced in as you can make assumptions on debt requirement based on zero mine life extension at Segigola, then the rest can be priced in when you get the MLE as you can assume more of that will be funded by the gold sold.

I do think the current seatbelt on this is that mine life extension, its just a waiting game and we can all go back through the previous RNS's and see the gold is there, just need them to gather all the data, all the new satellites and give us the number of years. In the meantime, lets enjoy that dividend.

Pfs in q3 and mine life extension by year end were the most recent timelines

Nigel im pretty sure they confirmed they can have a tax free extension on any additional ozs to the existing mine plan

Says first drills on Ivory Coast will be this month so we have that to look forward to

Small dividend? They pay it quarterly and it yields 6.6%?

This has to be my favorite share , it even has a nice little dip on pay day for me to buy more.

This Q2 update will surely turn some heads at this current market cap. assume 22500 oz @ the higher end AISC guidance say $950 with the average gold price for the Q being $3279 that is a sexy $52.5m cashflow. The more I go back through all of the seigola geological reports the more i see this mine left being extended by at least 5 years with a large amount of that gold being fairly shallow which hopefully wont raise the ASIC to much.

Then Douta, the more i think about this additional tail element being added in and the delay cause, it must be very material and substantial to what already looked like a beast.