Umm...read the statement, dude. There's a thousand ways to phrase a sentence, to imply something, without actually having to do any real work, or spend any real money. Legally, they haven't lied to you or any investors. The english language definition of "...continue advancing the development of...", means absolutely nothing, and commits them to absolutely nothing. It has a thousand different meanings.
All they need to keep doing, is continue these never-ending desktop "studies" on the resource, blah blah blah...while never actually intending on building a uranium mine.
Judge them by their actions! They've had +5 yrs! They haven't even applied for the secondary govt approvals.
Vimy wrapped up all secondary approvals last year, achieved "substantial commencement" works approval, and is right now clearing the pit and mobilising the mining contractor to site, THIS is DEVELOPMENT.
Both Vimy and Toro got their ministerial approvals at the same time 5 years ago.Wake up!
Toro's investments, page-62
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26.5¢ |
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Mkt cap ! $31.87M | |||
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