Torrens is a forgotten stock. Not only on Hot Copper but also on the stock exchange. It is a stock that I have had in a bottom drawer for some time and every now and again it comes up for review.
It still seems to hold some promise. Thermal energy appears to be more attractive as the cost of electricy continues to rise and the polution from coal fired power stations continues to be highlighted.
Torrens is still in a sound financial position,as I see it,to continue the hunt for a financially viable thermal solution. So its back in the bottom drawer for now.
TEY Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held