TOE 0.00% 27.5¢ toro energy limited

U Coming to WA, page-399

  1. 1,337 Posts.
    lightbulb Created with Sketch. 465
    https://hotcopper.com.au/data/attachments/5959/5959194-dafd6ac890c9b4ab7a791988b0044fd2.jpg

    I just watched this webinar presentation on youtube, delivered by RH. It's 4wks old.

    In my view, RH is dishonest and vague, concerning the subject of WA Govt Approval. He looks to me, uncomfortable when asked directly about the approval situation.

    A couple of points that should concern holders a lot:

    1) He claims that the project is fully permitted, since 2017. But, then he says it needs to be
    "re-invigorated or amended". This is typical RH, slippery, unclear, and full of crap. It's either fully permitted like VMY was, or it's not! Holders know the truth, ofcourse it's not permitted. Why is he bullshitting.

    2) He blames government, and says that the approval process can only take place once their "ideology" changes. But, Labour has always had this anti-uranium ideology, nothing is new here. In fact, what he doesn't tell the viewer, is that in 2017, TOE was selected by the new Labour govt (as 1 of only 4 companies selected in all of WA), to receive WA Govt approval, provided they could demonstrate "Substantial Commencement". He doesn't admit to the viewer that he deliberately decided to walk away from that opportunity. He gave up WA Govt Approval. Why doesn't he tell the viewer that history?

    3) For some time now, since the deadline for demonstrating 'Substantial Commencement' had expired, RH has told us that all he needs to do is apply for an 'Extension' of the approval process, and that TOE is legally entitled to apply for that 'Extension' and would likely get it. But, in this presentation he doesn't even mention that option. What does this mean? Was that option a lie? What happened to applying for the 'Extension'?

    In my view, this guy represents a HUGE THREAT to this stock. He is a dangerous clown.

    Does anyone know the real situation with the 'Extension' option?

 
watchlist Created with Sketch. Add TOE (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
0.000(0.00%)
Mkt cap ! $33.07M
Open High Low Value Volume
28.0¢ 28.0¢ 26.0¢ $19.90K 73.45K

Buyers (Bids)

No. Vol. Price($)
1 2728 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 93633 2
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
TOE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.