Ann: Share Placement to raise UKP525,000, page-4

...the placing of 1.05 billion shares at 0.05p each with new investors....raising £525,000 gross...now Thor have over 3 billion shares....

The net proceeds of the Placing will enable the Company to progress its Spring Hill gold project....
so focus & funds are back on springhill....i must have misunderstood?? i thought MB's focus was on progressing our world class tungsten resource & moving molyhill into production in the near term.....

i must be very old as I often get the facts confused...i must pay more attention.....my maths suggest that MB can continue placing shares to pay his wages for another 2 to 3 years...

a source close to MB has leaked MB/Thor minings spend forecast...

1. MB teeth whitening
2. MB pedicure
3. MB new car
4. MB holiday
5. MB mortgage payments
6. MB dress allowance
7. MB bonus payment
8. MB performance payment
9. MB new office chair with softer seat
10. MB large bottle of baby oil and family size tissue pack
11. MB pension contributions
12. MB incontinent pants
13. MB office slippers
14. MB eye test and new rose tinted spectacles
15. MB beer cooler
16. MB tanning allowance
17. MB air conditioned shoe allowance
18. MB DVD rewinder
19. MB 'near term' desk calendar
20. if any money left pay for a new DFS for springhill...

you have to laugh...MT