medium term cash burn, page-9

Jimmy64, according to yesterdays announcement:

Thor Mining acquired a 25% interest in the Spring Hill project from Western Desert Resources Limited last August, along with rights to increase that interest to 80%. It is envisaged that by the end of this drilling program, Thor will have satisfied the exploration expenditure criteria necessary to increase its project equity to 51%.

So it seems they may try to get 51% at the end of drilling since they will have ticked all the boxes. They have the rights to get 80% but it does not say they are aiming for this.