TOE 3.13% 31.0¢ toro energy limited

replace current management, page-56

  1. 2,777 Posts.
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    He has some valid points about being in production in the next 6 years
    But the mothballed of the paladin and boss mines
    Was not explained well
    The paladin mine was shut down due to falling uranium spot price
    but it could have still continued to produce if ceo JB took long term contracts at fixed prices
    but instead thought he was God and uranium was invicable
    And only sold production at spot prices
    which blew up in his face when fukashima happend
    shut down Langer Heinrich as well as the kayelkera mine
    And the boss mine which was operated at the time by uranium 1 never went commercial had issues producing never persisted due to falling price and shut down
 
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