TOE toro energy limited

U Coming to WA, page-488

  1. 949 Posts.
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    Nickel price is set to rebound.
    BHP mines closing all over WA.

    They are not a high cost/marginal producer, compared to say PAN who went belly up.

    If you can extrapolate this situation throughout the world many other operations will be closing up shop.
    There is a lag between prices and supply. Now we are seeing an overcorrection downward.

    Restarting production is always much slower than shut down. See PDN in Uranium for example

    This U bull run has many years to go, we have a PRIME PROVEN U asset others would love to acquire for peanuts.
    We also have the option of spinning off our Nickel business when Ni bounces in the short/mid-term to provide extra cashflow.

    Look forward not backward, logical not emotional, and you will be profitable.

    https://hotcopper.com.au/data/attachments/5970/5970029-3eb6992576db731f53bfedd45cd104e3.jpg

    Last edited by Theeagle15: 18/02/24
 
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