TOE toro energy limited

Ann: Corporate Presentation, page-7

  1. 1,612 Posts.
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    Yes, I did...it's rubbish, just like the nonsense that you write on here, for gulible idiots to consume.

    It's the same warmed up garbage that we've gotten drom RH over the last 5yrs.

    And a couple of points:

    1. He has never "expanded" the resource, it's the exact same old JORC resource model, that we've had for years. There has been zero explorartion driling, and zero infill drilling. All he did was reduce the cutoff grade from 200ppm to 100ppm. A 30min desktop exercise by a mining engineer, sitting in a Perth office. Deceptive terminology. What a joke.

    2. Note how he never shows a timeline going forward. RH's timelines for milestone targets are always backwards looking...never forward looking. He never, ever, gives you a date by which he promises to deliver results, any results. With RH, the future plan is always murky and uncertain. This is deliberate, and a huge red flag. From my experience, this is what poor managers do. Why? Because, they lack either the confidence, the knowledge, the experience, or motivation, to commit to a thorough plan. By not providing timelines, they never have to feel any pressure, and they can never be held to account. For example...the de-merger...how long has that saga been ongoing for?? Or, how about the pilot plant design..etc..etc. The history of this company, and it's share price tells you all you need to know aboit it's management. CXU is now worth more than TOE. Why? Coz the market values Jono's management skills, it has confidence.

    3. We are 4yrs into a generational uranium bull market, and he prints on this preso, that he's finally decided to turn TOE into a uranium-focussed company. And he expects the market to applaud him for that? What an embarrassment!

    This is just devastating for us holders. What was the point of releasing this garbage to market right now? Is this a joke? Is he trolling the market? Is he ok?


 
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