From memory, I think prior to the delay some broker reports were advising, based on imminent DFS alone, a spec target price of around 5.5c.
For those taking a longer term view and including speculation related to the company's possible Gold resource, the SP is "open at height".
Regarding [legitimate] concerns about Greece, the key is the size of the buffer between the current price of Tungsten and the cost of processing/production [still not precisely locked down...but it's what we're all waiting for].
According to statements made by THOR, and reiterated very recently in London by Mick Billing, we can infer that the buffer is considerable. So, even if Greece goes under and the W price takes a hit, there should still be quite a safety margin before Thor's proposed Molyhill project becomes non-profitable.
Although no part of the market is immune to world events, the fact that Tungsten is presently expensive in a relative sense simply means that good Tungsten projects [and there aren't that many of them] are possibly one of the few [only?] refuges left in the commodities sector right now which might have something a bit extra on their side.
The SP of THOR over recent weeks has somewhat proved the point. It was hugely affected by events directly related to the company itself [the delay or the report], but pretty much unaffected by what the overall market did after that. It must have been one of the very few commodity stocks who's SP behaved like this. That alone should make THOR an interesting proposition to anyone looking for something which won't bite them should the world temporarily lose the plot...
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