TOE toro energy limited
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Why wouldn't RH release a progress report on the pilot plant? He...

  1. Rubiconis
    1,612 Posts.
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    25/08/24
    11:32
    Post #: 75361397
    Why wouldn't RH release a progress report on the pilot plant? He should show us the final design, and explain the process.

    In the quarterly he said they were nearing completion of the draft design. Design & modelling simulations should be completed by now.

    We gave him $12.3M, 7 months ago.

    It would also be good to know how he is progressing with the native title holders on consultations for the bulk sample drilling program.

    And lastly, he should have secured the site for the pilot plant operation by now. Where is that?

    It's been 7months, it's approaching time for a comprehensive progress report on this project. And a timeline, with milestones, going forward.

    There must be better transparency.
    TOE Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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