So why are the big funds increasing their positions.
Are they stupid or do they know things.
Maybe what was viewed as a bull with pull backs for shorting all with the big end taking profits but quietly accumulating as average Joe Blows throw in the towel to buy AGE etc
Has started to materialise as a future play not just a bull market. Because of the energy demands of AI , Semi Conductors & Data.
If anyone goes to the AGM in person. Ask to see an updated list of the Top 20, to see how it has changed from the Annual Report last month.
For now
I am going to ignore all the talk about Mega and stay the course.
The same criticisms could be applied to many companies.
TORO has great assets.
Geographically a straight line pretty much to where there is growing demand
Well connected
The need and sentiment about uranium and nuclear are rapidly changing for the positive.
Our trading partners are increasing their need for uranium
There is security of supply problems with Russia and Kazatomprom
Permit time frames in Canada and the USA weaken their competitive edge.
Concerns about supply from the likes of Niger now are in question. Who will invest their if they close you down like Whats happened to GXU.
Now Germany is looking like back pedalling on their anti nuclear stance because its manufacturers cant compete because of high energy costs.
Renewables have shown their hand. Great in some ways , but a massive BUT, they just arent enough or reliable enough
The land mass and infrastructure needed even in land abundant Australia is huge compared to nuclear.
Shortages of people with the skills globally.
TORO may have its own hills to climb, but so has every other company ( in many cases a lot lot worse for the reasons above).
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)