TOE 6.52% 21.5¢ toro energy limited

Ann: Toro to demerge Non-Core Assets, page-125

  1. 132 Posts.
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    Look i hate a labour as much as any lifetime liberal voter however dont understand how politics is really relevent , the company had the option to proceed with development. The major stakeholders made a decision not to procced . Anybody who was paying attention would have known the outlook for u308 was improving around that time . Instead there were announcements about rock chip gold mineralisation and some hits of nickel . Another announcement stated that u308 spot price was not expected to stay elevated for a sustained period of time . Seems like whoever is control of this asset wants it to stay in the ground . But it will be worth something to somebody someday. Until then its all BULLSHIT .
 
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