Next run - timing?, page-31

The logistics that bring up, is an interesting point.

Being close enough to meekatharra, mt magnet and wiluna having some gold mines there already means some infrastructure is in place. Im not sure if rail runs all the way out there, but i know road freight does and frequently. But whether the ship out of pt hedland, geraldton or fremantle is another question.

Uranium having the great name it does, would mostly like count geraldton out and the fact it has a smaller port. Pt hedland is my guess as freo too far and same issues with the idea of uranium being shipped through the area.

I suppose Toro need to lock in a buyer. Seems risky to produce for the open market, but in my quick browse of announcements etc. I cannot find anything to indicate whether the are looking for a contract or for the spot price to rise high enough.

Oh to be a fly on the wall in the office..

And yes i trust a small but steady rise in price rather than a huge jump. But the obvious problem with big players restricting supply, is when the price is high enough they will reopen the mines themselves.

I suppose thats the gamble we are taking