TOE 1.52% 32.5¢ toro energy limited

replace current management, page-203

  1. 3,301 Posts.
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    Cameco also missed it, biggest Uranium co in the world didn't see the point in rushing through approvals. They are keen to resume progress now however.

    https://hotcopper.com.au/data/attachments/6197/6197279-6254728585dd3f2602972ada69669530.jpg



    Cameco missing approval is different to TOE missing approval IMO

    When you're the world's biggest uranium producer (multi billion dollar company) with the best uranium mines in the world (Cigar Lake, McArthur River) and have many other projects in good/safe jurisdictions (eg. Wyoming) that are yet to be developed (ie. you've got more than enough on your plate during a bear market)... you can afford to place little or no urgency/priority in your WA project (where uranium mining is banned)

    If you're a micro cap explorer struggling to survive like TOE and your WA project is your main flagship project, (ie. you don't have much else on your plate), you should do everything in your power to progress that project (like Vimy did, hence probably why DYL took over Vimy and not TOE)

 
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