Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) managing director Nicole Galloway Warland reiterated that the explorer is in a good place given the surge in the price of uranium.
Drilling will continue at the company's Wedding Bell uranium prospect in the US over the next quarter, she said, noting the spot price recently reached a 12-year high of US$73.38/lb.
At Alford East (copper, rare earths) in Australia, ANT survey results are expected shortly with tests also ongoing for in-situ recovery.
Thor had cash at the period end of A$2.16 million, the September cash flow report stated.