If they were uranium focused holding on would be a lot easier for the believers.
As we all know all too well gold exploration is expensive and very dilutive for a company valued primarily on its uranium assets, in this market atleast.
Personally I think the likelihood of uranium spot going up is better than Toro discovering gold and I wish the management would allocate funds accordingly.
We all like TOE for different reasons, but I'm fairly sure it's mainly for the Uranium.
TOE will further dilute, but I can't see the market cap getting much lower based on the permitted pounds in the ground.
I would love to eat humble pie on the gold exploration, but I'm not holding my breath.
Fastest way to profitability for my line of thinking is a management change.
If they were uranium focused holding on would be a lot easier...
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Last
33.0¢ |
Change
0.020(6.45%) |
Mkt cap ! $39.69M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.0¢ | 31.5¢ | $8.813K | 27.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3930 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 14997 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |