TOE 1.43% 35.5¢ toro energy limited

fundamental analysis, page-3

  1. 2,669 Posts.
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    Sido - I've got a nibble that's a start. I would like us to have a thread so that other investors can see what TOE really has.

    Technically they have prospective land holdings in South Australia. High risk, but high reward if drilling is success. Drilliung so far very ordinary.

    Napperby we know a little about but low grades - poor resources.

    My opinion as it stands is that this co. has a large land holding in SA that is prospective and will be significant due to the pro-government stance on uranium mining in this state. However it is a very high risk play. Not for those in at IPO of 25c however.

    The poor resources I allude to are in reference to some drill results from Streaky Bay (Kattata paleochannel) where a peak of 194 ppm U308 at 1m was reported. In comparison to other companies results this fair poorly I must say.

    cheers.
 
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34.0¢ 35.5¢ 34.0¢ $48.79K 140.5K

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1 18285 35.0¢
 

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