TOE 1.67% 29.5¢ toro energy limited

replace current management, page-571

  1. 536 Posts.
    lightbulb Created with Sketch. 146
    The only explanation I've heard from him:
    https://youtu.be/MHTjN0i4Edw?si=_P0vSJxNqZHLCgZA&t=1058

    He seems to say its two things:
    1) The permitted mining plan changed significantly after getting the approvals, so they would have had to seek amendments anyway.
    2) They couldn't dig a hole (like VMY did) because Uranium starts at surface and that was somehow a disfunctional step for TOE to show substantial commencement.

    IMO, his answer is weak, and just one more reason the guy needs to get replaced.
    Anyone got Mike Young's number?
 
watchlist Created with Sketch. Add TOE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.