It was the right thing to do to go dormant during a long uranium bear market.I think TOE is high up on the list as a takeover target and this could partly explain the depressed share price and lack of publicity. Management would do best getting taken out at the top of the cycle as I'm not sure they are mine builders - uranium mines are very difficult to build and optimise production, Langer Heinrich took years. If Toro gets taken over starting earthworks on site won't add much to the value, and Environmental approval extensions for change in mine design are common. Recently management has been focusing on the nickel prospects, which are as good as any WA nickel explorer some of whom have larger market caps like LEG.
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24.5¢ |
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Mkt cap ! $29.46M |
Open | High | Low | Value | Volume |
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9 | 65391 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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9 | 65391 | 0.240 |
2 | 132667 | 0.235 |
1 | 2700 | 0.230 |
1 | 16600 | 0.225 |
3 | 55008 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 49275 | 2 |
0.250 | 31634 | 1 |
0.255 | 36547 | 1 |
0.260 | 63000 | 3 |
0.265 | 6700 | 1 |
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