TOE 6.52% 21.5¢ toro energy limited

You would like the accountant to somehow become a magician and...

  1. 884 Posts.
    lightbulb Created with Sketch. 138
    You would like the accountant to somehow become a magician and change U mining law in WA.

    Fact of the matter is while projects have been permitted, no U mine has EVER operated in WA!!!
    Everybody is waiting for a normal policy, most likely coming from the Liberals!!!

    What we can do is position ourselves well for 2025, if you think U prices are not here to stay what are you doing in the U sector???

    Money has been printed to ad infintum and $100 Uranium is the new normal!!

    In August 2012, BHP Billiton sold the Yeelirrie uranium deposit to Cameco for US$430 million subject to approval from the State Government and the Australian Foreign Investment Review Board.

    Wiluna is 1/2 the size for 215 USD million so 330 AUD million MINIMUM.


    https://hotcopper.com.au/data/attachments/5990/5990798-a7a608154deaca78327f82ce70b70d82.jpg






    Last edited by Theeagle15: 27/02/24
 
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