TOE 7.14% 30.0¢ toro energy limited

Is Toro a uranium or gold precious metals play, page-4

  1. 12,942 Posts.
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    I am not deluded @iratachriso
    I am pragmatic. We are in cowboy country. Western Australia is known for this.

    I have no interest in the uranium part of TOE. It's an asset that may be valuable in five years time. In the meantime gold is the focus of company.

    Those that think Uranium is going to magically get to $60 tomorrow or the next day or a years time are in lala land

    The simple fact of the matter is..........the price of Uranium is in the doldrums.

    How much do you think it will cost to have a plant up and running....I saw a feasability report back from 2014 of 316 million AUD. Price of uranium was $36 a pound

    Fast forward five years later to today
    Price is around 23$ a pound
 
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