Toro grabs uranium bull by the horns

TORO Energy executive chairman Richard Homsany remains a staunch advocate of nuclear power, but he is not just waiting for the spot price of uranium to hit US$40 per pound to make his project viable – although he says that’s just a question of time.

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Toro shares have been on a downward trend since the end of the last uranium boom, but the company spent the last decade on getting the 62 million pound resource at Lake Maitland through the approvals