TOE 11.9% 26.0¢ toro energy limited

Toro's investments, page-217

  1. 1,267 Posts.
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    This is old news, it means nothing. It's yet another study, on top of study after study, since 2016. They haven't completed a bankable feasibility study. And they haven't even started on development. Zero effort. Just more delays. Why??

    Because, it's economics don't stack up enough for management to feel comfortable proceeding. They have no faith in the ura bullmarket or the project return on investment.
 
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