Toro Energy Investment Highlights:
- Australia is the world’s third-largest producer of uranium and a preferred supplier to East Asian markets.
- The Wiluna Uranium Project is the most advanced Australian uranium development project.
- According to a research report from Proactive Investors: “For the long term investor looking for uranium counter tracking an inevitable uranium price rise and management team adding significant value, it is reassuring to be investing alongside private equity firm The Sentient Group with its confidence to acquire an 18.3% shareholding.“
- Upcoming catalysts:
- further environmental approval for Millipede and Lake Maitland deposits in 2016
- traditional owner agreements
- final Feasibility Study is expected for completion in 2016