UK 04:28 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Mick Billing, executive chairman of South Australia-based Thor Mining (THR), claims the company could have its near-five million-tonne Molyhil tungsten and molybdenum project, in the country’s Northern Territory, in production by the end of next year. But first, he explains Thor must prove its ore-sorting technology can significantly enhance the economics of the project and then, with an AIM value of no more than £3 million, coax some £40 million from investors, financiers and/or prospective customers, for the capital expenditure required.
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