For now, I plan to hold...I'm so far down now, that selling at these levels is emotionally too painful to do. Will wait & see.
What an utter disaster this has been.
What an opportunity RH had, he had everything...he could have made something really special out of Toro. In Jan 2022, he had:
1. A historic uranium bull run.
2. A world class uranium resource
3. An approved Environmental Plan, with approval to build a plant at centipede/milipede deposits.
4. An offer by the WA Labour government of a WA uranium mining permit, to byoass the uranium ban.
5. Market support for the project.
RH had everything he could wish for, it truly was a dream setup for a uranium developer.
And then he suddenly made a bunch of astounding, and disastrous decisions, that no one can explain. To this day, his efforts to justify, make zero sense to anyone wuth a few brain cells.
I will never trust him. Imagine, the CEO of BHP losing it's WA mining license, no longer being allowed to operate it's WA iron ore mines. It would be astounding, and disastrous if that happened, no? What do you think would happen to the CEO?
TOE Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
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