TOE 3.70% 26.0¢ toro energy limited

Seems everyone is on the "it's going to come good thing", but...

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  1. 1,684 Posts.
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    Seems everyone is on the "it's going to come good thing", but when?
    There are no negative comments about the price of uranium rising.
    IT IS GOING TO HAPPEN !!!!!

    If you read BKY company presentation recently, and everyone should.
    They are saying it's "come good for them now"
    They are happy to produce and sell uranium into the market place at the current U price.
    BKY cover their costs at $15lb.
    Over(above) is figure is profit.
    So BKY is moving as fast as they can to production.

    So where does this leave TOE?
    Will TOE just meander along doing as little as possible until the U price suddenly rises from the grave?
    Or will TOE start building part of the mine so they could possible be partly ready?
    TOE have sat around doing nothing for many many years without doing much, And on bloody good salaries.
 
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