TOE 0.00% 36.5¢ toro energy limited

Ann: High Grade Gold in Rock Chip Samples South of Golden Ways, page-39

  1. 9,534 Posts.
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    Hey tangoman,... Do you think your tea lady know more about Uranium mining than JB and Mulga Rock,.. and what does that say for TOE deposit with no approvals, I can tell you just dirt with no way of developing it...The Lake Maitland Scoping Study is just playing with numbers and why it was questioned with a lengthy trade suspension...

    The Study is based on low level technical and economic assessments that are not
    sufficient to support an estimation of Ore Reserves or to provide assurance of an
    economic development case at this stage, or to provide certainty that the
    conclusions of the Study will be realised. Further, the Company cautions that there
    is no certainty that the forecast financial information contained in the Study will be
    realised. Further exploration and evaluation work and appropriate studies are
    required before Toro will be in a position to estimate any Ore Reserves or to provide
    any assurance of an economic development case.

    Also all the crap that Vanadium could be some kind of back door to develop the project, all rubbish.
    Last edited by phishpheet: 17/11/22
 
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