toe management, page-2

The delays in laboratory analysis are genuine.
There is only one lab in Adelaide that handles uranium sample analysis. They are so busy with BHP that the small guys come last. 3-4 month delays are common. Unfortunately companies like TOE have nowhere else to send Uranium.
W.A. won't take it.
Many have been caught in the Uranium hype. TOE's market cap is way too high.
The price is usually fairly valued by the market eventually.
I played the NEL/TOE 1 for 5 share deal and bailed at 74 cents as soon as I received my allocation.
I switched to oil and I happy I did.
Not so sure about Uranium. There seem to be a large number of reserves being unearthed worldwide so I can't see a shortage.
The Americans are pushing Nuclear energy but their government is subsidising it big time. It takes a lot of energy to enrich and the waste storage is a problem.
The solar push will win out in the end.