Contacted the company regarding finance and they advise their preference is end user type finance either through non recourse loan or direct investment at project level, reducing the risk to Thor.
Agree the BTV TNG "link" is a strong influencing variable (which way though?!!) as is RAB's large stake, although RAB have a knack of reaping benefits from their holdings. Understand they've unloaded some TNG recently so my feeling is THR will move ahead BECAUSE of RAB's involvement.
Substance vs smoke and mirrors is the question when the move happens because it invariably accompanies an exit prior to disappointing news if it's smoke and mirrors and by then it's too late for the mere mortals to reap any benefit.
Corporate manouvering is a fact of life in stocks like Thor with the trick being identifying "when, why, where and how".
On face value everything looks good for Thor and holding a fair whack of them here.
Admin burn in Quarterly was a worry.
Extension drilling at Molyhill begins this month so next four weeks will give strong indications of Thor's future potential.
A great spec stock on potential.....a nervous hold on the corporate side.
THR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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