I couldn't agree with you anymore Young Trader. Toro have got enough cash to keep them going for a while, but not enough to get to production (I believe) so yes a JV or some form of consolidation with the other 2 majors up there could be on the cards.
A takeover would be have to be at a much higher price but I really don't have my hopes up for this.
awesome up trend, page-6
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26.0¢ |
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Mkt cap ! $32.47M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 79922 | 26.0¢ |
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| 27.0¢ | 20376 | 4 |
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