NR or... information ? Hi everyone,
Have you seen that information below released this morning ?
I find it exciting for the London's AIM, but quite questionnable on the fact that THOR could postpone its production to the third quarter (does it include pourring of the first gold bar ?) and that its annual production would be 84k ounces of Gold instead of 100k ounces of Gold.
Looking to hear from you fellow investors !
Best Regards,
Goldenboy
DJ Thor Explorations to Float on London's AIM; Trading Expected to Start June 22
By Ian Walker
Thor Explorations Ltd. said Wednesday that it is seeking a listing on London's junior AIM, but not planning to raise any new funds.
The West-Africa-focused miner, which is already listed on the Toronto Stock Exchange, said in March that it was planning to float in London. Trading is expected to start on June 22.
The company's main asset is the Segilola project in Nigeria, which is currently under construction and expected to start production in the third quarter.
The project has reserves of 517,800 ounces of gold and is forecast to produce an average of 84,000 ounces a year over an initial six year mine life.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 09, 2021 03:55 ET (07:55 GMT)
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