THR - Thor Energy MD reports strong momentum at US uranium project
(NewsDirect)
Thor Energy PLC (AIM:THR, OTCQB:THORF,ASX:THR) Managing Director Nicole Galloway Warland visits ThomasWarner at the Proactive London studio after the uranium and energymetals-focused exploration company released a Quarterly Activities andCash Flow Report for the three months to 31 September.
Galloway-Warland highlights the drillingwork underway at the Wedding Bell and Radium Mountain project in theUS, emphasising its uranium orientation and reporting "strongmomentum".
She underlines thatwhile Thor Energy's primary focus is currently on its opportunityin uranium, the collaboration with Fleet Space Technologies at theAlford East Copper Project means that momentum there continues.
Uranium prices are currently at 12-yearhighs. She addresses what she calls a modest capital raise during thereporting period before going on to give a sense of what investors canexpect from the business during the coming months.
She alsoreflects on 2023 as a year of strategic decision-making for ThorEnergy, including a name change to better represent their focus onuranium and energy metals, before going on to express confidence inthe company's clear strategy, dedicated team, and healthy cashposition.
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