Greetings Pirra,
You would well remember early ARU days also....up and down, traders playing with stock.....doomsday merchants not believing the story.
THR suffers a bit of that at present....BUT....if you do the research and understand what dirt they have in the NT....and Molyhil on the cusp of production, then THR is a great long term buy.
Molyhil dynamics may have changed a little, but feasibility has never been an issue to me. Future drilling will grow metal content, no doubt about this.
The game is to start eraly cash flow...the 4 year mine life can be extended easily with additional drilling. You can still explore the resource while your are in production....companies do it all the time.
The problem as usual was short term "get rich quick" punters looking for multi-bagger price.
The metal content with IGV $800 million has not dissapeared anywhere.
If payback moves from 7 months to 1.2 year.....so what? IMO there is no question about feasibility at Molyhil.
Lets get cash flow and start exploring the U & Tungsten dirt in the NT.
Once off-take anns are made...full steam ahead.
Regards.
Trust your enjoying the road trip in teh North. :)
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thor energy plc
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Greetings Pirra,You would well remember early ARU days...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.397M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1560125 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 847461 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1560125 | 0.008 |
6 | 1630645 | 0.007 |
8 | 1344171 | 0.006 |
5 | 1217926 | 0.005 |
2 | 726263 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 847461 | 2 |
0.010 | 770913 | 4 |
0.011 | 257272 | 2 |
0.012 | 807408 | 3 |
0.014 | 150000 | 3 |
Last trade - 10.00am 31/07/2025 (20 minute delay) ? |
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