viability of toro, page-5

this is not a serious post is it!??
To begin with, they have so many losses they can use up before being hit with the tax that it will be a fair few years before they even need to woory about it.

In addition, these smaller explorers/producers have quite a alot of drilling/development to go over the long term which will further reduce any impact.

To think it will affect the viability is actually ludicrous, particular as it is only applied to profits after allowing for all the above, and not on production as royalties are.

A rise in the price of uranium is what will get this going as well as China making further moves in the sector.

$60m in the bank. You are paying very little for the reserves.

I liked the outlook in the quarterly explaining a little impact the warheads conversion will have to prices as well as the evidence as to why they view uranium prices have bottomed.