Ann: Sampling Update-High Grade Copper & Gold, Ragged Range, page-15

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readyaimfire

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26/07/22

15:28

Post #: 62734162
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Originally posted by obaaid ↑

My thoughts on Thor and not an investment advice please DYOR.

Yes there are headwinds in the broader market and most stock declined in recent months. As a mid to long-term investor I'm going to focus on the positives (a little worried but not panicking to sell)

- Fundamentals behind Thor have not changed.
- I'm sure there will be a CR at some point. I think if company opens CR to existing retail shareholders it will get required capital and better outcome. Additionally, they also have POW shares which can be sold. Let's see what's in the latest quarterly report due this Friday.

- Thor is executing well in CY22
- Uranium drilling is expected to start in August - big potential with this US project.
- Ragged Range drilling results are expected in late August/ early September - touch wood they find something in some of those 48 holes.
- Ragged Range has the potential to be the company maker with new discovery.
- Mollyhill is the dark horse and with a bit of luck they can find JV partner.
- Kapunda (EnviroCopper) & Alfred - I think Kapunda SELT results this year is a big for me.

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This is Clayton’s view of company’s with lots of projects

“In my experience small exploration companies cannot effectively finance and progress more than two or three projects at any given time.”

Given the number and geographical spread of THR's projects what might be on the "optimisation" list?

THR Price at posting: 1.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $7.107M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$741	69.45K

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No.	Vol.	Price($)
1	101908	1.0¢

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Price($)	Vol.	No.
1.1¢	318080	4

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No.	Vol.	Price($)
1	101908	0.010
5	1426721	0.009
8	1749333	0.008
7	1740426	0.007
5	1006833	0.006

Price($)	Vol.	No.
0.011	318080	4
0.012	1393871	5
0.014	255000	1
0.015	243352	1
0.016	100000	1

Last trade - 13.11pm 17/06/2025 (20 minute delay)

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Ann: Sampling Update-High Grade Copper & Gold, Ragged Range, page-15

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