TOE 1.14% 43.5¢ toro energy limited

Very nice breakout! Looks like I didn't have to look away too...

  1. 235 Posts.
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    Very nice breakout! Looks like I didn't have to look away too long!

    The amount of ultra bullish global news being pumped out on a daily basis has me wishing I had more money to throw at this.
    I had a look and I am indeed a top 20 holder (for some reason I'm not included in the lists yet).

    -EU taxonomy 22nd December official nuclear inclusion announcement = big money flows into the sector.
    -Sprott acquiring URNM and once they start marketing that to their fund members watch the money flow (TOE has a 0.3% weight in the ETF!)
    -Rumours Sprott in talks to do a block deal for $1bil into SPUT (If the mega funds want to diversify and get exposure 1bil could just be the tip).
    -Many reactors extended.
    -Many new planned reactors being announced not in current price models.
    -Director of Goviex uranium talking about a utility coming to market for $55 a pound first two years and $80 a pound for the next five.
    -World energy prices absolutely soaring.
    -SPUT NYSE listing Q1 or Q2 next year (with approval).
    -Kaz financial vehicle coming online with 500Mil for pounds purchases (expandable)
    -Supply chain issues
    -Elon musk and his Ex raving about nuclear lol (I dig Grimes's music).
    -All these electric cars going to massively draw down on power grids.
    -If even one decently sized uranium mine has a temporary closure (host of reasons could make this happen) the price will spike and stay high.

    I've been thinking this is going to rerate for a while, don't think we will have to wait much longer.
 
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