TOE 6.38% 25.0¢ toro energy limited

Agreed. The report shows OZL holdings as 10M less than the...

  1. 111 Posts.
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    Agreed. The report shows OZL holdings as 10M less than the previous notice of substantial holding.
    These people keeping us down! Still I rather they do it here and now, than at 5c again...
    Good to see that the Nickel and Gold aspects of Toro are looking really good. Now we just need more info on the U?

    Great to be reassured about the approvals though:

    In March 2017 the Western Australian Labor Party won the Western Australian state government election. Soon after their
    election the government announced it would not allow uranium to be mined on all future granted mining leases. However
    the government announced that it would not prevent those projects that had received State Ministerial approvals from
    progressing. Each of the Centipede, Millipede, Lake Maitland and Lake Way deposits are included in the Company’s State
    Ministerial Consent 1051 issued in January 2017. Accordingly, the Company has impaired, in full, all of its tenements that do
    not have State Ministerial approval to proceed. In addition the Company has impaired in full the expenditure on the Lake
    Way deposit on the basis that it would likely be the final of the four approved deposits to be mined and that its development
    remains many years into the future.

    Strap in lads, going to be a long ride.

    Last edited by elLocoGator: 30/09/21
 
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