TOE 2.04% 24.0¢ toro energy limited

TOE Chart, page-260

  1. 452 Posts.
    lightbulb Created with Sketch. 62
    There is a substantial commencement condition contained in the State environmental approval for the Wiluna
    Uranium Project, granted pursuant to Ministerial Statement 1051 (MS 1051). Toro considers that, should it not
    proceed to substantial commencement of the Wiluna Uranium Project by the date required by that condition, being
    9 January 2022, the environmental approval will remain valid and it will be open to the Company to apply under the
    Environmental Protection Act 1986 (WA) for an extension of time for that condition at a later time during the life of
    the approval.

    I think this is where our problem lies. What is their reasoning behind this statement? Why can't they just do what the conditions require? Absurd that they would put the company / shareholders in such a position. If they have reasons for their actions, what would be a fair timeline before disclosuse to us plebs?



 
watchlist Created with Sketch. Add TOE (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $28.86M
Open High Low Value Volume
24.5¢ 24.5¢ 22.5¢ $93.33K 394.0K

Buyers (Bids)

No. Vol. Price($)
1 42000 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 57453 1
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
TOE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.