Toro’s Wiluna uranium project’s costs blow out: not a good omen

Just a quick update on Toro – they released their quarterly report yesterday – revealling the estimated start up costs of the Wiluna project has jumped $47 million. With a slump in the uranium price, lack of new investments in mining, and a $47 million cost blow out before they’ve even got final approval does not bode well… http://www.businessnews.com.au/article/Toro-reveals-Wiluna-cost-increase?utm_source=Business+News+Mailing+List&utm_campaign=75e9eadd22-dba&utm_medium=email&utm_term=0_e5391356e5-75e9ead

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