TOE 5.66% 25.0¢ toro energy limited

Ann: Quarterly Activities and Cashflow Reports, page-61

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  1. 9,735 Posts.
    lightbulb Created with Sketch. 1050
    TOE management team couldn't do the simple substantial work required in the 5year time frame, doesn't that speak volume to you of their capabilities, how are they ever going to build a mine, No requests for an extension because its better off with the status quo as an extension rejection would plumet the SP.

    Did you read this from the QTY..
    Does the entity expect that it will continue to have the current level of netoperating
    cash flows for the time being and, if not, why not?
    Answer: It may reduce met operating cash flow subject to liquid financial asset realisation
    and/or further fund raising. It has liquid financial assets of $3.3M as at 30 September 2022
    and $3.5M as at 31 October 2022

    There were NO answer to that question in previous QTY so a CR is very likely, ... MY call is 1.2c
    Last edited by phishpheet: 06/11/22
 
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