THR 15.4% 1.5¢ thor energy plc

We are getting extremely close to the release of the DFS.One...

  1. 153 Posts.
    We are getting extremely close to the release of the DFS.
    One very exciting thing I expect to see is the impact of the high tungsten grades close to surface. The last figures we were given for a projected average tungsten price were conservative but if the current prices can be maintained (or even increase) for the first couple of years of the project it would mean a massive boost to profits. This share at this price is amazing. I would be happy holding this share at this price (or higher) even if the other two gold projects didn't exist, but the fact that they do is incredible. Spring Hill appears to have close to a million ounces from the limited drilling that has been done so far (I know of the 274000oz JORC but last drill results showed far more gold at depth) and the possibilty of Spring Hill being a multi million ounce "Callie Style" deposit is very high.
    Dundas also looks very positive, multi million ounce gold deposits sharing the same geology near by.
    Good luck Thor share holders, this has the potential to be massive!
 
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