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.
What do you expect them to do? They can't convince strategic...
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Last
32.0¢ |
Change
-0.030(8.57%) |
Mkt cap ! $38.49M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.0¢ | $24.50K | 74.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23415 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 46885 | 7 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |