TOE 2.78% 35.0¢ toro energy limited

Banter and general comments, page-174

  1. 690 Posts.
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    Toro is currently doing a re-engineering study of it's uranium deposits to include processing of Vanadium , once completed I think they will apply for a extension under "Section 46 of the WA EPA act 1986" as this will be a change to the current permit. I think it will be a straightforward 46c decision by the Environment Minister.

    63 mlb of Uranium and a by-product of 68 mlb vanadium currently $9 US lb , all of this is on the surface with permits in place.
    Toro could be the dark horse that comes from behind as it is undervalued compared to its peers.

    https://hotcopper.com.au/data/attachments/3563/3563016-dfa8bf6f41e95f15f64e4a1b53d819e3.jpg

    (The current minister has strong connections to mining industry even having to step aside from making decisions about Vimy Resources as her father in law works for them.)
 
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