TOE 4.26% 22.5¢ toro energy limited

I am sure we will hear some news this week, it has been a while!...

  1. 11,971 Posts.
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    I am sure we will hear some news this week, it has been a while! In a prime Uranium bull market, I am also surprised. We should have solid support bases around 4c by now, not the mid 2's. It is a bit surprising but the OZL impact has been huge. However, management now has the opportunity to counter this sell-down by providing positive Uranium news. If this doesn't happen in the near future I think more will be coming on board the bandwagon - that some sort of deal is going on behind the scenes, hence the capped price. Although our Japanese investors who have plenty of cash available to progress the Uranium project would not be happy if we went with another party!
 
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