What do you expect them to do? They can't convince strategic investors/banks/utility companies to help them develop a mine while the Uranium spot price is under $US 40/lb.
When the market rebalances (or demand picks up) there will be a big rush on getting new supply into the market. And imo, given the amount of cash Toro have they'll be well positioned to take advantage of rising Uranium prices.
Ann: Presentation to the Australian Uranium Conference, page-8
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.88M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.5¢ | $26.59K | 83.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4775 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 13085 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |