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Expanding Gold Production in West Africa with Thor Explorations
Manage episode 340663812 series 2334872
Content provided by Jonathan Roychoudhury and UK Investor Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jonathan Roychoudhury and UK Investor Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We were thrilled to welcome Segun Lawson, CEO of West African Gold producer Thor Explorations, to the Podcast for an in-depth look at their recent earnings release and future plans.
Thor Explorations has successfully established the first and only commercial gold mine in Nigeria and began production at the Segilola Gold Mine in the past 12 months.
Their previously guided on 85,000-100,000 ounces of production per year and have now narrowed this to 90,000-100,000 following strong performance at the mine.
Segun outlines what investors can expect from Thor in the future, including the expansion of the Segilola mine, and how Thor are targeting shareholder value creation.
With a market cap of circa £100m and a net profit of $6m in the first half, the expansion of the mine or an uptick in gold prices could soon make shares look very good value.
Visit Thor Explorations website for more information.
Hosted on Acast. See acast.com/privacy for more information.
367 episodes
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Manage episode 340663812 series 2334872
Content provided by Jonathan Roychoudhury and UK Investor Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jonathan Roychoudhury and UK Investor Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We were thrilled to welcome Segun Lawson, CEO of West African Gold producer Thor Explorations, to the Podcast for an in-depth look at their recent earnings release and future plans.
Thor Explorations has successfully established the first and only commercial gold mine in Nigeria and began production at the Segilola Gold Mine in the past 12 months.
Their previously guided on 85,000-100,000 ounces of production per year and have now narrowed this to 90,000-100,000 following strong performance at the mine.
Segun outlines what investors can expect from Thor in the future, including the expansion of the Segilola mine, and how Thor are targeting shareholder value creation.
With a market cap of circa £100m and a net profit of $6m in the first half, the expansion of the mine or an uptick in gold prices could soon make shares look very good value.
Visit Thor Explorations website for more information.
Hosted on Acast. See acast.com/privacy for more information.
367 episodes
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Similar to UK Investor Magazine
The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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