Market's view on Thor Explor

Published on April 2024

  • Thor Explorations announced an upcoming investor webinar hosted by President and CEO Segun Lawson to discuss FY23 results, Q1 2024 operational updates, and corporate strategy.
  • Positive expectations are set for Thor Explorations’ financial performance, with a predicted significant profit margin increase in the upcoming quarter.
  • Concerns are raised about Thor Explorations’ share price vulnerability due to their current low valuation.
  • Difficulties with certain trading platforms not allowing long positions on the stock are highlighted.
  • Upgrades at Thor Explorations’ processing plant are noted, aimed at improving efficiency and gold recovery which is crucial for meeting production guidance.
  • There’s optimism about substantial gold discoveries and extended mine life based on upcoming deep drilling results at Segilola.
  • Thor Explorations is expected to have strong cash flow and debt repayment capacity, potentially going debt-free by the end of 2024.
  • Some stock watchers consider strategic financial decisions, like share buybacks or dividends, as more favorable uses of spare cash to enhance shareholder value.
  • The company’s exploration activities and operational strategies are generally viewed positively, with expectations of increased gold production and reduced operational costs in 2024.
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