TOE 1.49% 33.0¢ toro energy limited

U Coming to WA, page-445

  1. 11,279 Posts.
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    I have been busy this week, but great to read the threads in here lately. Great debates above and it is nice to see some new posters contributing in here. I respect hearing Eagle's opinion but I think the defending management part needs to go. We are way beyond that now, look at the current state of our share price in a generational U boom.

    From reading above this is what I think we can all agree on:
    - RH must go. No doubt about it, he has had more than enough chances in recent years. We have 6 months to get as many retail holders as possible to vote accordingly at the AGM. No for his reelection. I am not sure how successful we will be because the major investors like Mega Uranium (also in bed with RH) will never vote No. However, even if we can get 25%, that is a first strike!

    - Current share prices are very appealing if the shorts can stay away. It depends how many more shares will be loaned out to shorters, but we have plenty of cash in the bank to ride out further pain in global markets. Surely, eventually there has to be a point where our peers reach the end of their large bull runs and the money shifts to U stocks which have been dragged down to crazy lows. Basically that is only us in the ASX U space.

    - Substantial commencement and the EPA approval path must take place ASAP. We cannot rely on the LNP winning the next election. I have learnt that the electorate are incredibly stupid and once they are promised with handouts and hear further lies from Labor, they will vote them again. If management want any chance of keeping their jobs they just have to go down the substantial commencement path allowing us to tick ahead to production. If they dont, then we stay in this holding pattern, uncertain path and will struggle to attract new investors.

    Good luck everyone, we need it!
 
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