TOE 6.38% 25.0¢ toro energy limited

Toro's investments, page-197

  1. 1,337 Posts.
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    I am wrong? Lets see, the facts are...

    * 8 year-old project
    * 5 years since Ministerial Approval
    * still stuck doing "studies" to cut costs/bi-product credits
    * reduced project size and scope to just Lake Maitland
    * still no bankable feasibility study
    * no development work done to achieve substantial commencement, as required by Ministerial approval
    * not even applied for the 3 required secondary approvals
    * failure to meet ministerial approval - management decide to add risk by taking on McGowan and the WA labour party, a party whose green city voters & it's left faction hate uranium

    Ohh..right, yeah, this absolutely normal!! Clearly management has full faith in the economic viability of this project. What a joke!



 
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