THR 6.67% 1.4¢ thor energy plc

getting hammered 24.5 cents, page-12

  1. 398 Posts.
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    ..Hi moly...I'm mainly interested in fundamentals and not in short term market moves/activities..

    This year we should reach 8 milestones with Thor:

    1. Any day now - resource upgrade for Molyhil

    2. Any day now - initial assay results from U-drilling at Hale River and probably a statement to further plans for that project.

    3. Any day now- U-drilling at Plenty Highway (5.000 m) will commence and hopefully will go on better than at Hale River.

    4. A little bit later- pit optimisation for Molyhil.
    Perhaps 6-12 months more open pit lifetime IMO.

    5. September- results of underground-pit study for Molyhil.

    6. Possibly in 8 weeks- offtake/financing for Molyhil

    7. In fall- drilling at Hatches Creek, which is a prospective tungsten/copper/gold-project.

    8. In fall or Dec.quarter- exploration/survey at several U-projects (Harts Range, Bundey River, Curtis Pound) which will result hopefully in definition of many high prospective drill targets.
 
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