TOE 3.13% 31.0¢ toro energy limited

Toro as an all around package is incredible.Resource in a tier 1...

  1. 872 Posts.
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    Toro as an all around package is incredible.

    Resource in a tier 1 mining jurisdiction with low capital expenditure to develop
    Uranium looking to trend long term @ $100 USD/lb
    Room for expansion, further value add with Vanadium.
    Favorable AUD/ USD FX rate -0.65 the long term average

    Out of all the potential WA projects, Toro's mine presents the best pay off at current share prices.
    With approvals already done it will be fastest to production with a change in policy.

    Change in policy is inevitable with Nuclear Subs on the way, the current state govt is losing favor.

    It looks like the current WA state govt is going for broke.

    WA government introduces $300,000 interest-free loans to help builders finish homes.
    https://www.abc.net.au/news/2024-01-04/wa-building-companies-300000-loans-finish-homes/103284942

    You can smell the corruption already. Builders are insolvent, they'll take the loans, declare bankruptcy anyway and the money will burn up.

    Last edited by Theeagle15: 05/01/24
 
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