Well summed up! Nobody denies the positive state of the Toro WA U and V deposit, as well as the regional upside for more pounds! However, we have to ask ourselves how we are possibly in this horrible position, despite all of our peers who have performed very well in this U bull market. That is mostly on management and their dreadful decisions. The sooner we do something about it and change management the better! We would get an enormous re rate because confidence would return! So either management hurry up and go down the substantial commencement path via the EPA or they continue their holding pattern studies and risk Labor/greens winning another term and the pain for shareholders continues. We can add another 5 or 6 diluting raises in that period if Labor/greens win.
TOE Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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