THR 0.00% 1.6¢ thor energy plc

highlights of the annual report.2007

  1. 4,030 Posts.
    Thor Minator,

    The highlights of the 2007 annual report as I see them are:

    . the offtake agreements [sales contracts] for moly and tungsten will be completed shortly
    . financing arrangements are well underway and completion will follow the offtake agreements
    . the Harts Range uranium exploration programme has progressed much farther than previously reported by THR. Grab samples assaying up to 31% U3O8 have been reported, and although I am aware that this is an indicator only at this stage, my old geo professor used to say "that VERY rich uranium rock sample came off some other rock; find the other half and keep going"
    I am preparing a more in depth analysis which I shall make available if you express interest.

    Best wishes, Conix
 
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