Lending TOE or the money seems a good idea at first but I would be against it for a number of reasons.
1. OZL's expertise is not in Uranium and TOE is realy a bit of a sideshow for them. 2. Lending the money (with an interest in the mine) would seem to be at odss with the recent decision by OZL to divest itself of a controlling share. Would send a message to me that they are inconsistent in their strategic thinking. 3) I think they should wait until a clear directions has been established by the company.
OZL Price at posting:
$1.10 Sentiment: Hold Disclosure: Held