TOE 3.39% 30.5¢ toro energy limited

Ann: Quarterly Activities and Cashflow Report-TOE.AX, page-10

  1. 617 Posts.
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    did you see in the quarterly the update about the Japanese reactors? some that had been started have been shut down due to a new court injunction. Not the best news. Still, some companies are making head way and good SP gains (and returns for share holders) in a difficult market, just not TOE at this point, unfortunately.

    On a more positive comment, I do like the progress they're making with mine extensions and project efficiencies (though, we haven't seen actual proof and progress of those efficiencies yet, and the extensions are slow).

    I think it's high time for a new feasibility doc with completely revised economics, TOE need to make this project do-able in the face of ongoing poor market conditions, because the U sector may continue to be depressed for a bit longer than the '2020' guess.
 
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