THR 0.00% 1.6¢ thor energy plc

Ann: NEW DRILL PROGRAM AT MOLYHIL-THRL.L, page-5

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  1. 333 Posts.
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    I appreciate the enthusiasm, but the reality is that thor now has 5,736,390,000 shares on aim....and 'half a billion' is about 8% of share total, not enough to trigger an RNS if bought by a single purchaser and not 'a lot of action' in my book.

    The drill program is welcome, but many long term investors have seen it all before.

    I expect the drill program to extend the mine life of molyhil by about 1 year, but it will not change the quality of product or do anything about contamination or change the 'elephant in the room' fact - thor does not have a serious buyer for the product at molyhil....

    so i expect not that much will change here....apologies for my dour realism  :-(
    MT
 
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