Steady and held 3p Thats looking like the bottom for a while. Yes spikes here and there will come but the trend is now UP.May buy more if it fall sub 3p.
Re: Money from Kingsgate buying into Thor. Lets hope it stays above 3p now, onwards and upwards, Im due some luck ten years with this from 10p, but lost much more on other shares I cant get back!
Money from Kingsgate buying into Thor. [link] raised £1m by selling some Kingsgate stock.Now we know why.Paid a premium for Thor and... they even talk about 14p target for Thor to force an exercise of warrants.Great news.
rns out... and it looks good 23 January 2018 THOR MINING PLCSTRATEGIC FINANCING AND AGREEMENT The Directors of Thor Mining PLC ("Thor" or the "Company" (AIM, ASX: THR) are pleased to announce that a strategic financing and agreement has been secured with Metal Tiger plc (LON:MTR "Metal Tiger".Highlights:· Metal Tiger to invest a further £300,000 in Thor Mining plc through a subscription for 10,000,000 shares at 3 pence per new ordinary share and a 20% premium to the closing share price of Thor on AIM (2.5 pence on 22 January 2018);· Money raised will be applied to the advancement of key Thor projects including Molyhil, Pilot Mountain and Kapunda Copper;· For each subscription share Metal Tiger will also receive one warrant to subscribe for a further new ordinary share in Thor at 5 pence per share with a two year maximum exercise life;· Should the share price of Thor exceed a 14 (fourteen) pence volume weighted average price for five consecutive business days, Thor may, at its sole volition, seek accelerated conversion of the warrants secured by Metal Tiger;· Metal Tiger, reflective of the premium price paid for Thor stock, will receive a 90 day first right of refusal to participate in any new joint venture, acquisition or similar transaction undertaken by Thor Mining during the period;· The first right of refusal shall not automatically include any current discussions or negotiations with third parties in relation to existing Thor projects held or projects already under review, however Thor may extend an invitation to Metal Tiger to participate should this be considered appropriate to all parties.
£12000 bought at 3.17p As well as more 3p plus buys.Promising.
Fair Value? I've been a holder of THR since 2011 so, with a current share price around 3p, I'm very pleased to be on the brink of break-even! The company seemed a good buy back then, and I believe the potential is still there today, so I plan to HOLD. Recent RNS' have been positive, and Richard Bradley's appointment as an Exec Dir with incentivisation to get the share price up to 6p or beyond can't hurt. THR needs a partner to move the business on from exploration into exploitation of its assets. So, what is fair value for the company as it stands today? Anyone care to make a prediction? The market seems undecided, with wild price variation over short periods of just a day or two... DAS.
Predictions of a fall.. and up 40% in two days... maybe the survey is better than we thought..Buys coming in at the ask too.
Re: 1/3 off share price No one has a clue where any share will go good news is as likely to send it down as up but looks like you were wrong, up it goes again!!!
Re: 1/3 off share price These will drop more imoGGP has hit the reputation of Aussie mining stocks and rightly so
Re: 1/3 off share price Because we are waiting for a third party to take us under their wings. It may take some time. We can do nothing by ourselves!Buy, Buy, Buy, while the shares are cheap. They may drop to 1.50p. Could be a blessing to some.regards to all, pb1
1/3 off share price So what was the difference in the two statements and why have we lost almost a third of our share price!
Good news Nothing but good news but still we lose a 1/3 of the value!,
Awaiting Third Party Participation! Today's R.N.S:"Discussions with third parties expressing interest in the Molyhil opportunity confirmed that an extension of mine life was a key precursor to more proactive engagement and with the findings announced today we have moved solidly down that pathway. The fact that this progress has been achieved in an environment when there is an industry desire to secure reliable supplies of tungsten concentrates makes the outcomes announced today all the more timely.""After a long development road, the board are delighted with the progress achieved of late and are focused on achieving the best commercial outcome for shareholders. As with any project on the commercialisation pathway, shareholders should note that there is no guarantee of a successful outcome."Just waiting, it would seem, for a third party to be confident of our findings/reports, etc. and sign up for a J/V. This could happen anytime! i'm sure all this testing and extended reporting is for their, the third parties benefit, not ours! regards, pb1. Buy, Buy, Buy!
Update What's not to like?[link]
Share Talk A great listen, part 2 tomoz hopefully![link]