Member Info for willz94

I think the AISC for the oxide at under $1500 is fine? i'm pretty sure operating costs at a majority of mines will continue to pick up as gold prices hold higher, everyone wants a slice of the pie. And if the higher AISC for the years on refractory were a surprise bringing gup the average, what were your estimates for that?

Lets all not forget they are still drilling, and I imagine they will be hunting for more oxide.

Good open but remember most of volume comes at 2:30 on the tsx and that’s where II will also buy

I guess from 4k upwards any permabulls mad figures are not crazy increases in percentage terms, we have just seen 80% in 12 months, if we have another performance half as good as that we’re at 7000, if we have a similar performance 9000

I would say so given my target in 2030 would be £3+ and if they maintained a similar yield

Just came here to post this haha love that

True nothing surprises me with markets any more. We’re valued at a tiny multiple despite being a pure cash machine making one of the things space tech needs. On the flip side you have companies making 12m in revenue valued at 37bn using our gold to send space waffles into the sky.

Agree. I certainly have no idea what kind of valuation calculation could justify our current market cap if it already includes Douta. If anything, I feel the company is still undervalued at current gold prices, given what we have left at Segilola.

We may not see a massive explosion like some of the more “meme-y” AIM stocks on release, but I do expect it to add tangible value associated with the economics of Douta, along with further upside as the market begins to recognise that we are likely to have over 10 years of uninterrupted gold production at these elevated prices — even if, somehow, all the gold we know exists beneath Segilola were to evaporate into thin air without a trace.

If you do run the figs assuming $3650 ends up being the gold price base from now on if and when we see a correction, 300koz from 3/4 mines multi jurisdiction, $1400 asic, maintain current dividend payout ratio, i don't see why Thor wouldn't be a 5-8 bagger when we have everything up and running in 2030. Bonus upside for any money coming from the sale or JV of lithium.

Ive been called Thor obsessed, but its hard not to be when you look at our valuation, management and pure potential

4700 gold baby

I’m planning till hold through q1 then top slice as there’s to much news flow coming to hopefully get this over with £1, we still have the resource upgrade coming this Q and potentially the maiden resource at guiltry. All at the same time as what will potentially be another record Q with the average gold price.

Hey ADW - your right about there being two phases and the first is likely the amount quoted by TOB, however, the total for both chases it its entirety is estimated at $250-300m this is not an additional spend after phase 1 oxide

LUCAIN - If the market catch up, I expect we will be sat on cash from a takeover!

MartyH posted it yesterday, cannacord:

'Most importantly, 2026 production guidance was roughly double our previous forecast. All in, we are now expecting a much better 2026. We raise our target on THX by 19% to 106p and maintain our BUY rating.'

Great news on the analyst upgrade aswell 106p target as we sure up reserves, very surprised were not already mind 80's

We received a shout out from the big man Don Durrant on X. Think like many his mind has been blown by our 2.8 FCF multiple comb9ined with the pipeline of mines.

IBAB, it is very frustrating I mention this alot on the discord chat. We seem to lag behind on the recovery but dip immediately on a fall, but, we always pull back up in the end. Just gives me and who ever this big buyer more time to accumulate before we get some nice Q1 news

ADW ide agree with ISA on 300koz, even if we dip down Segi production in 2030 to 50k, 100k at douta, theres 2 maybe 2 potential mines in ivory so 150k plus in that jurisdiction is more than likely

"It is a PFS in name only. If it indeed allows main equipment to be ordered late Q1/early Q2, then it is effectively a DFS."

This is a good point BBN, Segun mentioned using cash to order the long lead items sooner rather than later and also mentioned that they are already progressing with permitting. Very likely they release the official DFS sharpish and within H1 as previously eluded, so you would assume that given this, the PFS will be priced in and discounted better than a billy basic PFS.

I see thanks for the direction. while they label them as one off, when it comes to bonus/proit pool payments, you cannot really guarantee that will not come in FY26 as these are likely driven by performance, but the TAX payment was a bigger chunk nevertheless

Bye hi, can you show we where you noted:

profit pool/ bonus pool neither of which will occur next year?

thanks