THR 6.25% 1.5¢ thor energy plc

growth equities & company research, page-32

  1. 506 Posts.
    New Analytical Report out

    Released on 3rd May 2012

    http://sharecrazy.com/beta/Tips/6990/thor-mining-speculative-buy-at-168p-with-a-35p-target-price

    Target price - 3.5p (= ~5.6c AU...for now)

    "Although the DFS of the company’s 100%-owned Molyhil tungsten and molybdenum project will not be published before June 2012 but it could well be WORTH WAITING FOR..."

    "...This sort of improvement in the recovery of tungsten could lead to projected revenues at Molyhil improving by something like ***A$16 MILLION PER YEAR*** over the life of mine."

    We are talking about ADDITIONAL revenue NOT overall revenue... so OVERALL REVENUE = $16M + Whatever amt will show up in the DFS!!!!"

    Short term SP rise to 5-6c+ after DFS is just the beginning...

    THOR's SP should be around where the other big boys (KIS,WLF,CNQ) are trading... close to 10c if not more (fair value).
    All we need is the DFS to show the market we are on par & should be valued higher than the current 2.5-4c.

    DYOR
    Kiddo
 
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