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Thor Energy Plc (ASX:THR)

ALERT: Price-sensitive ASX Announcement for THR
Current share price for THR : $0.010 -0.004 (-29.63%)+
Announcement
Release
30 Jan 2026 8:16AM
Price at Release
$0.014
Full Release
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Summary
Thor Energy Plc reported its Quarterly Activities and Appendix 5B Cash Flow for the quarter ending 31 December 2025. The company saw net cash outflows of $63,000 from operating and investing activities, ending the quarter with a cash balance of $1,660,000. Payments of $134,000 were made to directors, covering salaries for the CEO-Managing Director and Non-Executive Directors. Thor Energy is actively engaging in their HY-Range Project for natural hydrogen and helium exploration in South Australia and maintains significant strategic exposure to copper-gold and rare earth elements through projects like Alford East and EnviroCopper Limited. The company continues to focus on its clean energy exploration strategy, with upcoming plans for a 2D exploration seismic acquisition campaign planned for mid-2026.
Key Points
  • Net cash outflows from operating and investing activities were $63,000
  • Cash balance at the quarter's end was $1,660,000
  • Payments to directors totaled $134,000
  • Active in HY-Range Project for hydrogen and helium in South Australia
  • Maintains strategic exposure to copper-gold and REEs through Alford East and EnviroCopper Limited
  • Plans for a 2D exploration seismic acquisition campaign in mid-2026
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.