Toro Energy Managing Director Dr. Vanessa Guthrie Says Be Patient and Persistent in Tough Times

Toro Energy Ltd. (ASX:TOE) Managing Director Dr. Vanessa Guthrie spoke to the Investing News Network at the 2015 PDAC conference in Toronto about the Wiluna Project in Western Australia. Dr. Guthrie says what makes Toro Energy stand out from any other uranium company in its class is that, “we are the only project approved, ready to go, and the most advanced in terms of engineering and resource studies in Australia. [And] all we are now waiting for is the time to come back… the market to come back, with the uranium price, which will actually put Wiluna into production.” In the last 12 months, major funds have invested in Toro Energy: $5 million from RealFin Capital Partners, and a $20 million investment from The Sentient Group.

In 2015, investors can expect environmental approvals for the next two deposits at Wiluna and signing of owner agreements. Dr. Guthrie says that uranium investors, particularly in these tough times, should “be patient, be persistent because nuclear power does have a role… a very strong future role, and it will come back.”