TOE 4.55% 34.5¢ toro energy limited

Been Down So Long, page-108

  1. 877 Posts.
    lightbulb Created with Sketch. 137
    My understanding is that Ms1051 gives us a leg up compared to similar Uranium projects.

    If Ms1051 gets thrown in the bin now but Uranium mining is permitted in 2025 we have to pretty much start from scratch with approvals etc.

    Saving MS1051 means when Uranium Mining law changes we can easily slingshot into production, final feasibility study phase and take advantage of this extended U bull run.

    Probably worth around 3 years of red tape.
    Wasting MS1051 is a test of delayed gratification, do you want a quick “hit” like a child wanting a chocolate bar or do you want the kitchen sink and billion dollar market cap.

    Because 1 bil + MC is where we are headed when policy falls in our favour.
    Last edited by Theeagle15: 27/02/24
 
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