this by far the worst and i mean worst ever ever ever investemnt decision i have and will ever ever make- sorry did i say investment? hardly an investemnt - these guys just should not be allowed to continue to be directors of this company and serious implications must be put in place to get this company at least at a chance in hope of something ever coming good
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR), are pleased to announce that the Company has:
• Raised $A83,825 (approximately £46,000) through a placement at approximately AUD 0.18c (0.1p) per share.
• Entered into a Controlled Placement Agreement ("CPA"), providing the Company with up to $1 million of standby equity capital over the coming 12 months. Thor has entered into the CPA to complement its funding initiatives and to strengthen its overall capital management program.
i re-iterate, that they state they are pleased to announce ? what the? to put this into perspective all the long termers on here will know i have been in this for a long time and believed in the dream when they said that our molyhill feasibility study was as good as it gets- i also beleieved them when spring hill was apparently on this verge of coming out gangbuster- now for the board to say they are pleased that they have raised additional funds for their salaries is just bigger and bigger kick in the guts for all us hard working folks that have to work our butts off even harder after being so in the red whilst this guys continue to erode whatever chance of break-even we had- Im not afraid to say like i have in the past that i am down some $60K on this stock and it kills me more and more to see the board allowed to continue to pay their own pockets and give absolutly no consideration for us suffering shareholders- its simple, if you cant get the job done which you have obviously proven from your track record, get someone in that can and leave the building - simple- how they can contunue to be the directors of this company is ridiculous- im sure as hell our bosses wouldnt allow us in our jobs for so long with such underperformance- just on a sidenote, in case anyone was wondering, the placement which they are so PLEASED to announced was done at a shareprice of 0.0018C a share aud, yes thats right 00018c a share - 0.0018c is nothing to be pleased on thanks very much
which leads me to question, is the announcement typo of saying the raising was done at 0.18c a share just a devious way for people to conveniently just not see how ridiculous of a price the raising continues to be done to erode our wealth if any, any more with the amount if shares just increases over and over to pay company wages - this is the biggest joke that directors are allowed to continue to be in charge of a company after they have allowed a shareprice to go so far into the red from 4.2cnts a share years a go to raise cash most recently at 0.00181 cnts a share -RIDICULOUS JUST RIDICULOUS- step up people,action of somesort has to be taken here, this is a joke - i think i understand now what was meant when we were told at the time of the feasibility study that it was as good as it gets- they meant that its share price at the time of high 3cnts-4cnts a share was as good as it gets meaning that they pre-empted that we would never see such prices again- joke joke joke-
sentiment- hold just because i am so so so far in the red i cant sell- thanks thor board
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