This management has to be one of the worst in the uranium sector, no?
1) Worst performing uranium stock on the asx.
2) Among the 5 worst performing uranium developers in the world, over the last 5yrs.
3) A -90% loss, over the last 5yrs...in a uranium boom!!
4) Gave away a mining permit, when it was offered by the government.
5) Now, we have a stranded asset locked in a uranium mining ban.
6) Wasted $millions chasing gold-nickel, while underinvesting in our uranium asset, a strategy that failed. And now, wasting more money on de-merging that part of the company.
7) Labour-Green party alliance is very likely to win re-election, and maintain the uranium mining ban to please the Green party voting block. Locking us out for another 4yr term.
And it appears they get to do all this, with zero cares in the world, and zero accountability to shareholders.
TOE Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
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