This might be an explanation about why nothing much is happening.
https://www.mining-technology.com/features/uranium-prices-projects/
https://www.fnarena.com/index.php/2019/01/22/uranium-week-no-show/
Its not the whole story but a contributing factor.
Also I would like to remind TOE long term players that the GOLD play is unlikely to make this company give you a great ROI. There have been a lot of Gold explorers listed on the ASX go broke in that area; despite any of the excellent results in ground. Anything involved around Bronzewing is like being in the Bermuda Triangle. Its all about cost to deliver from mine to smelters. Just sending a warning signal that you cant rely on gold results to save TOE.
Might raise the share price for awhile based on good news....but in my opinion as far as raising the bottom line to TOE's ROI pretty much insignificant. Its still Uranium 101 economics. Supply V's Demand.
This might be an explanation about why nothing much is...
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.25M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.0¢ | 26.5¢ | $16.67K | 61.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 4121 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |
