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clock Created with Sketch. 09/03/25
12:42
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Originally posted by coto
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Now that the WA election is out of the way and we are set for approximately 4 more years of Uranium Mining bans under Labor/Greens, there is only one option left - EPA path. If RH does not undertake this path in the next few weeks, then us shareholders MUST take action, i.e. banding together with our votes and calling an EGM. Otherwise, this company is going to continue to be diluted to nothing and RH will keep getting his $10k per week until it goes completely bust."As previously advised, the date for the substantial commencement condition contained in the State environmental approval for the Wiluna Uranium Project, granted pursuant to Ministerial Statement 1051 (MS 1051), has passed. Toro considers, and has sought advice to confirm, that the environmental approval granted by MS 1051 will remain valid notwithstanding that substantial commencement did not occur by the date specified in MS 1051, and that it will be open to the Company to apply under the Environmental Protection Act 1986 (WA) for an extension of time for that condition at a later time during the life of the approval. It is also envisaged that favourable results from the studies detailed in this announcement may also necessitate an amendment to the proposal the subject of each environmental approval received. Please see the Competent Person’s Statements at the end of this release for information about the reporting of the resource."
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Count me out. If ultimately its a buy out, the more I can own for less, the better.
(20min delay)