Basically 90% horrible management, 10% bad luck with WA government stance. I say it with that weighting because plenty of other U stocks have policy issues in relation to uranium mining but their share prices still perform. Plus they don’t even have second chance path of substantial commencement via the EPA. This has to be one of the worst management teams on the ASX. They were given an opportunity of a lifetime with the U and V resource at Lake Maitland and they continue blowing it and rubbing shareholders faces in it while they continue to grab their fat pay cheques!
TOE Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)