Pretty much covers it.
Point 6. is the most important one.
This management team made the decision in Jan 2022 (well, much earlier obviously...without informing holders as far as I'm aware) to walk away from the WA government's offer of a Uranium Mining Permit.
And so now, we have a stranded asset, in a state with a uranium ban in place.
And there doesn't seem to be plan, sense of urgency, or any proactive action being taken to fix that.
Years have passed, and we still haven't even completed a full feasibility study, much less, a bankable DFS. In fact, we haven't even done any plant metallurgy & recovery work.
So, yeah... I have to agree...it's been a very disappointing (and bizarre) performance. It feels to me like we are missing the uranium bull. All commodity bulls end with a dump, nothing lasts forever, and we are missing this one.
Pretty much covers it.Point 6. is the most important one.This...
-
- There are more pages in this discussion • 224 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TOE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $42.7M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.5¢ | 34.0¢ | $48.79K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18285 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 99379 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TOE (ASX) Chart |