The Conversation (0)
Toro Energy Limited (ASX:TOE) was featured in a recent RealCap Uranium Research Report.
Toro Energy Limited (ASX:TOE) was featured in a recent RealCap Uranium Research Report.
As quoted from the report:
Toro Energy continues to be an exceptionally well-managed pre-mining uranium exploration company. The combination of a strong balance sheet, prudent financial management, institutional shareholder base and enviable reserves and permitting advancement will allow Toro Energy to participate significantly in a uranium price rerating.
Toro Energy has made excellent progress along the regulatory and environmental path to mining commencement over the last several years, but just as importantly, the management team have paid very close attention to the Toro Energy capital structure and balance sheet. Toro Energy has enviable balance sheet strength coupled with equity partners who are committed, longterm investors and not “hot money” speculators.
We echo the outlook posted in earlier reports. Toro Energy continues to be an exceptionally well-managed pre-mining uranium exploration company. The combination of a strong balance sheet, prudent financial management, institutional shareholder base and enviable reserves and permitting advancement will allow Toro Energy to participate significantly in a uranium price rerating.
We continue to hold a buy recommendation for Toro Energy and would encourage investors to build a position at current attractive price levels.
Connect with Toro Energy Limited (ASX:TOE) to receive an Investor Presentation.
