logo-loader
Thor Mining PLC

Positioned for the Tungsten Resurgence

+ Thor is one of the survivors in the Tungsten space after the ranks of explorers/developers were brutally thinned out since 2011
+ The company has two Tungsten projects under development, one in the Northern Territory of Australia and another in the state of Nevada in the US
+ Recent acquisition of further blocks in the Northern Territory are the makings of a whole Tungsten district, while bringing access to other metals of interest
+ Tungsten prices firmed up nicely in the second half of 2017 and into the current year with no auguries of possible downturn
+ Thor is one of the few explorers remaining in the Tungsten space
+ The participation in the Kapunda ISR copper project provides an interesting sideline that could be liberated to shareholders at a future date

Executive summary

- A number of Tungsten developers, particularly in Iberia, are moving near to production thus adding to Western output
- Raising money for Tungsten projects is still no easy task with many other projects in similarly ignored metals competing for investors’ attention

Quick facts: Thor Mining PLC

Price: £0.01

Market: AIM
Market Cap: £4.93 m
Follow

What's in the report?

Financial results and forecasts
Growth drivers
Management
Market conditions
Milestones & inflection points

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Thor Mining PLC named herein, including the promotion by the Company of Thor Mining PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

LEGAL NOTICE – IMPORTANT – PLEASE READ:

Proactive Research is a trading name of Proactive Investors Limited which is regulated and authorised by the Financial Conduct Authority (FCA) under firm registration...

FOR OUR FULL DISCLAIMER CLICK HERE

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

Watch

Full interview: Thor Mining reports initial copper resource of 114,000...

Thor Mining PLC's (LON:THR) Mick Billing speaks to Proactive London's Andrew Scott after announcing what he describes as a substantial initial copper resource of 114,000 tonnes at the Moonta project in South Australia. The project is operated by EnviroCopper, in which Thor is working to...

1 week ago

32 min read