Thor Mining one to watch

Answering my own question:

Indicated-
1.53mt Woxide, 0.32% @ $25/kg = £70m
.......MoSulph 0.19% @$38/lb* = £126m

Inferred-
0.50mt Woxide, 0.25% @ $25/kg = £18m
.......MoSulph 0.15% @$38/lb* = £32m

So total resource = £250m.

(*Have taken roast oxide price, raises my estimated value.)

A MCap of £6m therefore looks reasonable, but not compelling value.

£1.6m in cash at the last accounts seems insufficient to fund near-term expenses.
So we're looking for maybe 50% more equity (loans ...?) by the time the BFS needs to be paid for.

Anyway - over to you.