THR 0.00% 1.4¢ thor energy plc

I should also point out that 'Investment Industry rule of thumb'...

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  1. 180 Posts.
    I should also point out that 'Investment Industry rule of thumb' for valuing resources in the ground are usually circa 1%

    i.e. take for example a Gold company with a 1m oz gold resource (inferred) they will probably be valued by the market at c. $13m not the 'in-situ' value of $1300m

    valuing this Inferred Copper resource at 1% would give a value of $3.75m to THR not $375m
 
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