It's all about Uranium price now. Toro can't secure financing to mine without the Uranium price rising. I have no doubt that it will, but the question as always is when. Japanese restarts are a catalyst, but really just for sentiment in the short term. The utilities there have a stock pile of Uranium so the market won't adjust quickly.
Concern is that the restarts keep getting pushed further and further back and it could be years before the bulk of the fleet is back online.
Watch this space, page-8
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